The answers to your questions regarding right to non renew etc.are found in your state landlord tenant regulations on line.

I was hooked, found the Bigger Pockets Podcast, and thanks to Uber's non-stop sitting in the car environment, I've listened to over 100 episodes of the podcast in just 3 weeks. 

I haven't signed anything yet, I was going over the purchase and sales agreement today and there is a section that is essentially a contingency for condo documents: I have 10 days to review the condo declaration, bylaws, rules and regulations, and insurance policy, and if i don't like anything I can cancel and get my deposit back.

Most of the requirements are SEC regulations: federal, not local.

If you post an address of somewhere you would define as "reasonable", you could get a better response as to what you should expect.Generally anything above 10% is going to be in a rougher area and/or have significant deferred maintenance in the current investing environment.  

This is a horrible rate environment for savers.

@Steve SnyderIt is important that your client first understands the rules and regulations before he or she opens a self-directed IRA or even an IRA LLC.

I think there's a few people that you should study and avoid some noise@Ken Rishel Mobile homes regulation@John Fedro Mobile home space marketing@Jay Hinrichs transactional funding flipping@J Scott read everything is written and buys books on BiggerPockets on Wholesaling flipping, don't ask wholesaling  questions on these forums until you've read everything he's written and read his flipping book and his renovation costing bookYou could read my BP blog on seller financing and joint ventures home sellers, money partners, private IRA lenders, and other creative ideasDodd Frank and safe act are not the easiest laws to understand and I highly recommend that you use a registered mortgage loan originatorLastly buy the real estate agent books in your state and know the information. 

I realize LA is a very competitive market, but I love to persevere in tough environments and I look forward to the challenge!

There are laws and regulation about lending money that you need to look into.