But end of the day you simply have to make a choice and hopefully do the best you can choosing wisely what works for your personal situation and personality.The Norada thread was a perfect example of investors all over the map on how they react when a note payment is missed ..

Which point, exactly as I had wished, would be answered if you had a windows view into what I do and know...and unfortunately there is no window other than us posting our experiences.Suffice it to say, If you see the big picture and want to be in this aspect of the business, it makes sense...if you don't then there's your answer.It made perfect sense to us, and to many many others, so we do this business.

This was perfect to save a lot of money while maintaining a high standard of living.

Sorry for the following Contrarian advice, but you're not a 5 year old so:The only reason to buy a personal residence (Home) is because someone is forcing you to.Usually, this person is called your Spouse (which is Latin for someone who forces you to make horrible financial decisions then criticizes you for them endlessly:)perhaps DON'T buy a home, just rent something affordable and invest the 20% or in your case 50% into the stock market (sp500 16.1% yearly return last 15 years, 11% last 50 years, 10% last 125 years)remember, your RENT is your maximum monthly housing expense, but your Mortgage is your minimum or starting monthly housing cost, it always goes up from thereI've, owned 2 personal homes, 100% appreciation in 6years on #1 and in 7 years on #2, (I timed our market perfectly both times), with 20% down and very low mortgage rates, but after honestly calculating all expenses, only made about 5-6% a year "investment wise".

Once in, they could pay rent for a few months until you feel everything is perfect, which then greases the tracks for them to tear your life apart.

Start small and progress over perfection for future investments.Good luck!

With that being said, I've got a lot less on mind if I just outsource it and a lot more time to spend perfecting my craft and developing other marketing strategies. 

Your questions are a perfect way to do an initial vet of them for content knowledge.

This property presented a perfect value-add opportunity with its low purchase price and potential for high returns.

If the subject floor is not perfectly flat, pour a self-leveler over the existing flooring (read the instructions on the bag FIRST).