So, it really is all about personal liability then?  

It was good to meet you in person at the event a few weeks ago.

Personally, whenever I close on properties, one of the first things I do is to replace all the toilets.

Echo the two other comments but I still keep track on an Excel spreadsheet for any doubt. 

We have extensive land-lording knowledge and marginal rehabbing/project management experience; keep an eye out for someone you know of  that is looking for capital partnership on rehabs-flips, sub <-100 acquisition market.Thanks.

Subject too you can get in low cost or free but the risks associated come with the need for money, silent seconds can ruin your personal life and make refinances possibly impossible or can sink the investment throughout or after liquidation.

Bottom line - All hype, bs, misinterpretation, opinion bias, etc aside, sellers willing “owner finance” the sale of their property for one reason - and one reason only: They PERCEIVE that they are getting a higher price for their property by owner financing than by a cash (cash to them) sale.The “perceive” part is why buyers can sometimes structure terms ridiculously one sided in their favor - because some sellers are so focused on PRICE they become oblivious to anything else.It’s why I and numerous others have been able to structure 20 year owner financing loans at ZERO interest; why sellers have accepted “substitution of collateral” that gave them a lien on recreational land I had rather than their own income producing property; why sellers accept second position liens and allow buyers to obtain new first mortgages ahead of theirs (subordination), and why sellers always accept mortgages without my personal guarantee.I myself sell properties and provide owner financing to obtain a higher price.

I would look into joining your local REIA, you can't beat in person networking and knowledge to the area that you are looking to invest in.

Usually that intended party is 10 investors removed from the investor who currently has their hands on the agreement with 10 investors playing their hand at attorney and making tweaks they believe are necessary for their personal business.

Personally I’d try to stick with 1-2 projects that had a potential for higher margins than to try to scale up and need more workers and more headaches.