You seem to be a fairly active note investor, and it appears to be working for you.

They charge a $40 flat fee to assess the situation, then go to the hardware store, buy supplies, and fix the problem that day charging a per hour rate plus the actual cost of supplies.

Most of them have very high HOA dues (if they're a good complex in a good area and they take care of the place)and you never know when you might get hit with an assessment that may not even benefit from whatever the work is that's being done.Best of luck!

As an investor from out of state or area always suggested to partner in with an active operational partner that can oversee day to day.

There is a school that I will be signing up with \ that offers the required 60 hours before I can take the state exam.My question is....Is it common to have in-active agent under Brokers.

For one thing those are not active markets which means much more transactional cost getting in and out.

There are active members here doing well in that area here.

A lot depends on your goals.Here is a previous thread that may give you some answers.https://www.biggerpockets.com/forums/55/topics/103905-another-newbie-question---if-you-had-400k-how-would-you-spend-itYou also need to decide how active or passive you want to be.

That may or may not be in the range of the median house price depending on how much new construction activity is going on in your market.

Investors are supposed to be knowledge and able to take a risk, otherwise they shouldn't buy from HUD.If your numbers were off that much you either didn't look at the house in person or need to work on your ability to assess a property quickly without a contractor going through every switch plate and door knob with you.