As long as you have your due diligence you are as good as buying a property that doesn't say "as-is".For question 2: The biggest "scam" is tenants not paying and milking the system.

I think the biggest hurdle you are going to have is establishing experience.

Thanks, @Derek Brickley - the houses that we used seller finance and private money are in my personal name. - The commercial property is in an LLC, we get K-1s from the LLCs taxes every year showing that the LLC pays for the expense and is cashflow positive; except for the deprecation we take :) I plan on buying a new primary residence in the next 1-2 years and want to know if I need to have the commercial loan adjusted so that its no longer personally guaranteed.

I will send you a private message. 

I think the biggest question is why you want to do it, aside from not wanting to waste it.

Typically his projects have been privately funded and smaller than this one.

Either the LP will pay a fee for private advice, or the GP will pay to get in front of potential investors. 

I am interested in using private money lending to make it happen.

The biggest focus of mine would be on just having one tax lot and maybe cheaper financing.

My biggest hurdles now are: finding and trusting the right agent (Denver), and  lender.