I can't give a tutorial re how to originate a note today, selling a house with financing in just one post. 

Did you use any of RE calculators to check the ROI? 

The fourth consideration for condo owners is special assessments, which re have been hit for, parking lot paving, new roof, and new siding. 

They absolutely can be a good private lender with your best interests in minds can jumpstart your RE career. 

Question: I'm an agent trying to deal with an owner on a small commercial prop says once a buyer signs LOI they can get any relevant leases do their due diligence as well as do their inspection before going to contrac...

If you have extra money that you haven't earmarked for additional RE I would do TSM index funds for a truly passive investment. 

(Property Meld for one)--- Owners often think a PMC can just enter a tenant's home to make repairs, but don't really understand the potential legal issues of entering when a tenant is not home.--- Owners don't understand the percentage of maintenance appointments tenants miss!

I have friends who are hard money lenders, and the rates were a no for me as a first time RE investor.

Where I see the biggest pitfall however is, in practice, you may run into trouble with the appraiser on the new property re-fi if you're not doing any improvements.

Residential RE is based on what your neighbors pay so if you are all in less than they are every time you are doing well