I could have chosen any of the three methods when I started (or many more), but flipping for better with my market, skills, interests, goals, experience, etc. 

The simple answer is money; there is A LOT of money in the 401(k) mutual fund business.This is another reason I have chosen real estate & not RE through self-directed 401(k) investments either. 

Not all but many... although poorly chosen notes are just as bad as poorly chosen rental property they usually are the same thing..

They are special permit matters.If your hopes are to be the greatest slumlord  there are threads on the aspects of that thinking here on BP, I suggest you read up on social responsibilities, how cities and government view such operations and the efforts they go to in ridding those operators from their chosen profession, much the same way as the ones renting that trailer I mentioned by the hour. :)  While there may be some slumlord RV parks around, this idea is more about setting up a REALLY NICE place for people to stay on vacation, in a healthy, safe location with a little novelty.

I've chosen both.  

The lock I have chosen is this: http://www.lowes.com/pd/Schlage-Camelot-Satin-Nick...Question: This lock has a keyhole and comes with a key (for emergency unlock purposes).

As someone who has chosen loving my work over the money, it's tough financially to come up with options.

(Or you should have chosen those types of tenants, and they always should be COLLECTIBLE. 

I am in the process of forming my real estate LLC and was curious on how others have chosen their name in the past.

I’ve chosen the area due to it being my hometown and having friends and family in the area.2) OR, would you immediately recommend staying away from absentee owning low income properties?