Also, there is a huge technology, gaming, music industry and tourism industry here. 

What if they cook food that has a strong smell, play music louder, etc...

Highly prefer an area that has live music and local farm fresh foods.

Technically speaking there are a plethora of other debt or debt like instruments that would yield much higher, but I would not say the risk is comparable to your Ally account. 

It was very bohemian, had great coffee shops and bars, some great music festivals, street fairs and stuff.

Winning an Olympic Gold Medal, learning a musical instrument, reading War and Peace?

It was done by a X-ray fluorescence analyzer (XRF) instrument.  

Or do musical chairs.

I don't yet have any legitimate experience in real estate investing, but my professional training has allowed me to become comfortable interpreting, researching for, and drafting contracts and other legal instruments.

It's a good thing when notes are sold the new note holder has to abide by the original terms.It reads as so:If all or any part of the Property or any Interest in the Property is sold or transferred (or if Borrower is not a natural person and a beneficial interest in Borrower is sold or transferred) without Lender's prior written consent, Lender may require immediate payment in full of all sums secured by this Security Instrument.