One your loans will be a higher interest rate, next you will have annual filings, the cost of a registered agent every year, and items like that. 

It’s like becoming a landlord and real estate broker investor on training wheels. 

By working for a larger corporation you are gaining an unfair advantage, by letting them train and develop you (while you are getting paid) and you do real estate on the side.This idea is not from me, read RichDad. 

I only buy the Aquasource Henshaw White Watersense Elongated Height 2-Piece Toilet from Lowe's (item number 98923 model # T802).

For example if you were to exit a new build in 5 years there may be no cap ex cost (i can think of few cap ex items that does not last 5 years - maybe carpet in class c and lower), just maintenance costs which would be fairly small.Best wishes

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

Not fun, expensive lesson, but "woo hoo" you got a subto.Who trained you? 

Have the tenants take and send pictures of any maintenance items and video chat with the repair person as needed.If you ever get in a situation where you just feel like you can't do it or don't want to do it, you can always put a PM in place at any time. 

Would you have any recommendations, in your experience, for what to look out for in the documents that would be red flags or items that would negotiable?

Make sure that your spouse changes some of the items.