I’d offer to sign the form if I was allowed to cross out everything between brokerage firm and during the terms.

Nicholas,The one piece of advice I would give is refinance the Condo before you start renting it out. 

On a commercial asset the value is directly based on the NOI (net operating income).

Another common problem is poor due diligence—jumping into deals without verifying the borrower or collateral often leads to future regrets.I’ve also seen over-leveraged borrowers cause trouble, prioritizing other creditors over private lenders.

All of the smell was in the wood floors, original from 1928.

Drive around the neighborhoods to understand the lay of the land - if you have someone who will take you around and explain, better yet. 

Short term it is difficult to make the numbers work, the cost of new construction and the time it takes to zone-plan-build are usually the main reasons why private investors stay clear.

Now, we are 11 weeks into an 8 week job and he has abandoned the job with 75% of the money and only 50% of the work done. 

There is a saying "if you've been sitting at the poker table for more than 15 minutes and you don't know who the patsy is...then you're the patsy".

I would suggest giving it up and just hire an agent when you are ready to transact in the future.