It's not common that loans in good standing are called due, but it does happen, regardless of what people tell you.

It is very common in this industry since there is a lack of regulations on business purpose loans. 

Here are some common pitfalls I see for new investors from the private lending perspective:• Insufficient Funds: most lenders are going to be able to lend a first-time investor somewhere around 75-80% of the purchase price of an existing property + 100% of your estimated rehab budget (or an 80/100 loan, for short).

When you have excessive and the only common denominator is the management team it is management that is the issue.

It seems like gripes with PM companies have been a common theme lately.

Is this a common theme?

I understand some of the downsides to section 8 - but if you get good tenants in your units (you do get to pick them - a common argument for investing here )I see it  most hopefully being a relaivelycomfortable cash flow opportunity.  

I am planning to convert the living room in the property to bedrooms and want to use the garage as common space (have a pool table or a Foosball table, a couch etc).

He paid for common area access, built a bed in his Land Cruiser, pocketed the rent but we had agreement on what the pocketed money could be spent on (seeing we were paying the rent). 

We do have a long term strategy, we are ready for the uphill fight for common sense and justice.