Your biggest challanges:1) Figuring out how to advertise on Zillow2) Handling all the calls3) Scheduling showings - and getting stood up4) Finding a rental application to use - you can use Zillow's or easily Google for one.5) Figuring out how to screen applicants ***** This is IMPORTANT!

I understand there are some other factors I glossed over like gaining the approval of the first seller to switch collateral and the lien in second position, gaining approval of the second seller to put a second position lien below the big loan, and scheduling the sale of the first property to coincide with the purchase of the second property.

However the deal is running several years behind schedule.

It's an amazing place to learn and grow in real estate.

Fun reno project scheduled!

I second this - Beth is great and has a group as well where you can learn a ton on private lending.To the poster who mentioned giving them 100% financing - as a private lender NEVER give someone 100% financing.

And now back to your regularly scheduled programming...

Everything else you do after that has its own depreciation schedule.

Nights, weekends, holidays, etc.To keep this on-topic, though...DO figure out what's healthy for you to manage but remember it's a process where every experience teaches you good and bad (and be patient with that process).DON'T sweat the small stuff (damage/costs under $50, undisclosed dogs, etc.) but DO find a way to learn, prevent, put in better practices to maintain your sanity. 

I will be here for 6 months to a year and looking to continue hands on support/experience.I am a construction manager and have a lot of background in contractor management, site scheduling, and quality control.