How did everyone determine the name for their business2.

You will want to interview at least a couple of realtors and determine what resources they have available for you in several arenas (lenders, contractors, more). 

What criteria do investors use to determine if a seller financed deal is good?

For now, consult a CPA to determine the best structure based on your income and investment goals.This post does not create a CPA-Client relationship.

How did you determine that? 

In addition to taking 6-9 months to close, they are also subject to (i) annual audits, (ii) annual REAC property inspections, (iii) recurring annual MIP payments on top of your interest rate, (iv) large initial deposits to the replacement reserve, (v) commercial space limitations to 15-20% EGI / 25% NRA, and (vi) less forgiving underwriting with 7.00% minimum vacancy rates when determining our underwritten NOI.

From there determining what you have budgeted for your first project.

City has to inspect if I'm not mistaken to determine if threshold is met to where it is a tear down or rehabable.

In 2009 I determined the best ROI I could obtain with the least time spent and lowest risk wasn’t direct investing; I merely purchased REIT mutual funds, and tripled my money over the next 5 years. 5.

Thus I am trying to determine if managing these from a far makes sense as I know a PM would destroy cash flow.