IF YOUR CONTRACTOR OR A SUBCONTRACTOR FAILS TO PAY SUBCONTRACTORS, SUB-SUBCONTRACTORS, OR MATERIAL SUPPLIERS, THOSE PEOPLE WHO ARE OWED MONEY MAY LOOK TO YOUR PROPERTY FOR PAYMENT, EVEN IF YOU HAVE ALREADY PAID YOUR CONTRACTOR IN FULL.

I have found that numerous people are getting the impression that you don't need any money to get into real estate investing. 

I have attended numerous RIEA meetings in NY and have only been able to connect with sales brokers and wholesalers.

This also doesn't take into account how long it will take to find a long term renter, I have been told by numerous PM that the demand is there and rental vacancy is less than 1%.I am looking to use this home for long-term rental and have found that the average monthly rate is between $1,500-$1,800 / month.

I have received numerous applications and several people meet my criteria.

I could have $200 K out , owed to suppliers and subs   Thats what hard money and banks are for . 

Every city has its own mix of 'good area' and 'bad area' thing going on to some extent, but the bigger picture needs to be solid firstly.Beyond that, I think you're touching on numerous different things here but my mind would be on getting actual numbers/data. 

Suppliers of seller-financed note leads absolutely do exist.

There is nothing more required.There are numerous options non of which would involve recoating the bathroom.

Yes, commercial investors can have numerous loans...totaling in the hundreds of millions.