The collateral makes a difference.2. 

So he's cash flowing well on it, he's acknowledged that my situation will be different so I might need to raise rent.3) I think these are all valid questions, but the owner raised these himself too.

My PPR note fund investment is a little different in that you can buy some notes from PPR and pay for the PPR notes using your Fund investment. 

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Each state might have different process.  

You rarely will get both (at least not right now in this current market).If you want to explore different opportunities within various areas of the Valley, get a seasoned investor-friendly Realtor who is competent. 

I have a slightly different perspective than most.

If you are just starting out, this is for you:When you buy an investment property, it is treated differently than a house you are going to live in. 

Reach out if you would like to compare options or revenue potential for different homes and communities. 

The LLC is a different "person."