Just a FYI be prepared for it to sell at a discount,Jay- I have seen people buying land notes for 12%-15% yield which is CRAZY and they are going to eventually lose their shirt once they go into default and the land value is repriced.Thank you for the info.

If his intention was to rip people off, wouldn't it eventually catch up with him and he'd go to jail? 

I’d love to eventually have a portfolio of rental properties, so just trying to figure out the best path forward.

Even if the numbers look good, you will get tons of competition that eventually will drive the price off your excel sheets.

After moving out, I will rent both floors out on a mid term basis.Given that these units will eventually be MTR, how should the upstairs and downstairs be designed?

Initially they balked, but eventually they relented* We kept our inspection contingency to void (not negotiate), and included a financing contingencyHow did you finance this deal?

I don't particularly want to sell my share of this property as it has appreciated quite a bit since we've initially invested and I'm hoping I can eventually get him moved out to turn it into a full-time rental property. 

I will continue to tweak my plans and eventually find a nice niche that fits my investing style.   

Eventually, with time and experience, your knowledge and confidence begin to align more realistically.This concept is incredibly relevant to real estate investing.I encounter this often: an investor seeks advice but quickly tells me how much they already know.

You will eventually find someone.