It's not inclusive and no PM is going to answer all these questions, but you can find out a lot by reading their PM Agreement, Lease Agreement, looking at their website, etc.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

This isn't inclusive but should give you a good start.

Assuming yes to both first questions and you put 20% down ($107,200), and also assuming 15% of rents allocated to CAPEX/Maintenance/Vacancy, you're looking at a net $800/month profit and a 8.95% COC return (not inclusive of future appreciation, loan paydown, tax benefits if any).Of that 15% allocated to CAPEX/Maintenance/Vacancy, say 10% is allocated to CAPEX/Maintenance. 

You've got the main few: Seller Carryback (All-Inclusive Mortgage, All-Inclusive Trust Deed or AITD)Land Contract (Contract for Deed, Contract for Sale, Installment Sale)Lease Option (or the alternative Lease Option, Rent-to-Own)Subject-To (sub2, Assumable Mortgage)Wraparound Mortgage (2nd Mortgage, Junior Mortgage)The issue I'm having is this... what is the true purpose or usefulness of a Land Contract?

For example, my first deal was at 12% interest with a 5% all inclusive origination fee (aka points, junk fees, etc).

In our purchase agreement, we always insist on disclosure of any environmental assessments or engineering studies and inclusion of the related reports in the diligence materials provided to us.

This isn't inclusive but should give you a good start.

I assume you're talking about investing in condos in beach cities but not necessarily in beachfront properties, who aren't the most profitable investments, given the high price tag that you can't fully pass through through a higher rental income.All these places could give you high returns but I'd avoid Cancun as people go there for the all-inclusive hotels and resorts and so a short-term rental makes less sense there.Most people pay cash since that's the easiest solution and it's often not necessary to use leverage to get a nice return on investment.

I'm not affiliated with them in any way, but I've seen the BP glossary and other sites and personally I prefer the clear, concise explanation - and especially the inclusion of formulas - that dealcheck.io provides.I'm still in a pre-first-deal phase of my REI journey, but I'm starting to create/customize my own spreadsheets and information cheat-sheets to have at the ready as I feel I'm now sufficiently informed to get off the bench and into the game.I hope you find it useful in your journey as well.

This isn't inclusive but should give you a good start.