One major lesson learned is that commercial financing is no where close to residential financing and that you need to give yourself a decent amount of time to line things up.

Promissory notes in general, as they have no collateral, seem a bit higher risk, perhaps mortgage note investing which are backed by residential and sometimes even commercial real estate would be a safer alternative, and yet very lucrative, too,  8-12% yieldsFor extra returns, I put a small portion of my portfolio into BDCs, Business development companies, that specialize in loaning money to growing businesses which are too high risk to get loans from proper banks.

I specialize in Multi-Family and Single Family Residential Development as well as Commercial and Flex Space.

: I understand that there is commercial and residential, but there has got to be subgroups While I don't think you need to niche down immediately, some specializations in residential RE are:- Co-op- Condo (incl. luxury)- SFR (median pricepoint)- SFR Luxury- MFR- RentalsThere are a ton of commercial RE specializations including retail (various types), restaurant, other food/bev., warehouse, storage, and dozens more.What should I expect when first coming into the profession ?

Hi, I own/ operate handful of residential properties in the Marion county / sumpter county area (within 30 minutes of the villages).

Having owned many residential and commercial properties I can tell you that having a rental property is like raising kids. 

My name is Jack and I am very new to Real Estate with an interest in long-term, residential properties.

Perhaps you're more bothered by by our anti-guru sentiment, and not our anti-note sentiment?

-Business Type: Residential Rental-Ownership Type: Agricultural Cooperative Corporation

I am a project manager currently working for a commercial General Contracting company and have a small contracting gig on the side I am working on ramping up, focusing on residential and commercial remodels & all demolition projects.