There's a lot of pitfalls there that you're probably not going to be aware of without experience. 

It's not some MLM, pyramid type gig you can just experiment with attempting to make quick or easy money.

Consider starting small, like with a duplex, to get experience.

But even then, seller financing is rarely substantially better than another investment they could make (including trust deed lending, which will often be at a higher rate than seller financing)In my experience, the owners who find owner financing advantageous are at the ends of their careers and are not interested in looking for another investment (other than the usual retirement funding sorts.)

Hi all, I wanted to see if anyone here has experience in condo conversions in the city of Beverly Hills.

I am particularly interested in:Understanding the fundamentals of wholesalingNavigating Texas-specific real estate laws and regulationsBuilding a strong network of cash buyers and motivated sellersLearning effective marketing strategiesAnalyzing and evaluating dealsIf anyone is willing to share their experiences, tips, or resources, I would greatly appreciate it.

Most times, the top of a brokers list are those with experience who they've worked with in the past.

Your decades of experience have made you jaded. 

But I would remain open to long-term rental as an option as this seems like a more stable option in terms of income, again this may be my inexperience talking.However, I have always  been somewhat risk averse and investing in real estate is always a big venture, in my opinion/experience, in terms of capital.

You both clearly have experience dealing with this firsthand, and I want to see if there's a way to balance enforcement with profitability.