The biggest is that Real Estate Investing is always passive. 

@Bridget Grant for one, your biggest and absolute mistake was not having a title company run title on it.

The due on sale clause will be the biggest worry, even though it's uncommon for banks to enforce it, they have the opportunity to at any time.

Brad is one of the biggest players there, broker, investor, restaurateur. 

The downside will be I will not be able to pull initial investment out for five years and my IRA deposit will not lower my AGI (if I am over income limits).Any additional input?

Time is your friend and it goes by faster than you expect.Personally, in my 15 years of investing, my biggest mistake with rental property is that I sold.

Working with them is the biggest mistake of my real estate journey.

The biggest thing I'm seeing actually isn't his residency status, but I think you'll have the biggest issue with the value of the properties you are looking at.

One of my biggest questions is could I sell that second house on its own once it's built?

Even if it's the biggest unit, you need to move into that one to satisfy the mortgage if it's liveable and then figure out how to get the tenants out.Who was your agent on this because they have not prepared you for anything?