Preferably more and definitely more in high priced markets. 

For lending to friends or family who prefer minimal involvement, provide a **Loan Agreement** with loan details and repayment terms, a **Promissory Note** as a formal repayment promise, a **Security Agreement** if collateral is involved, an **Investment Summary** covering project numbers, process, and security, and a **Disclosure Statement** explaining potential risks.

A 2-year term works if the buyer is close to mortgage readiness and the seller prefers a quick sale.

After he had made the payment to get the property out of foreclosure I had thought he was going to use his original preferred lender to close although took his time and waited.

I prefer to stay on the boat but totally understand the sentiment.  

It’s tempting, but not always profitable.Tip: Stick to improvements that will boost value based on the neighborhood, and avoid unnecessary upgrades.Buyer Preferences: Sometimes, the design or finishes you chose don't match what buyers in that market are looking for.

Modern finishes, Washer and dryer and refrigerator.3bed/2bath minimum is preferred in the Texas Market.If you can add 2 car garage, that will make it more desirable and attach more buyers.All the best

Instead of reading one of the many books and podcasts BP publishes on the foundational elements associated with REI, they would prefer that I take 1-2 hours out of my day on the phone to explain everything.

More or less your preference if you want to see the property to get a feel for the areas yourself but not a requirement

It becomes more preferred if there are children living in the home so consider who you’ll be renting to, but even then I think one bathtub in the home is fine.