Hope your venture goes smoothly!

I know very little about commercial space but have a good commercial property resource.3) Use private money and leverage my flexible schedule to manage deals.4) Go into saving mode until I have enough money saved to continue deals.Anything I'm missing here or any recommendations from someone who has made this transition?

Now that I'm full time we think it might be an interesting way to transition to working less.

Im here at BiggerPockets to network, learn as much as I can, and transition into a valuable contributor to the site!

Seniors can be a great target as they are often ready to downsize or transition to assistance. 

@Brian OrrBrian: I'm not as versed on legal structure, but I can tell you that a number I work with are transitioning their management software to Yardi.

Did you transition into your business while keeping a W2 job or jump straight into it?

Things are moving along smoothly. 

Expecting it to take couple months, and i expect things to be smooth from there on

IRR is a metric that smooths out the return on your investment as a whole throughout your holding period, not just year by year measure of return.To answer your question - does paying down the loan lowers your return?.