I have already read through The Ultimate Beginner's Guide to Real Estate Investing and am currently reading the Book on Investing in Real Estate with No or Low Money Down but would appreciate any advice anyone has on other reading material, videos, articles, or seminars I as a newcomer can learn from.Thank you,

The other reason is that it makes it a little easier to self manage......as far as the tenant is concerned, I'm the manager and a company owns the property. 

The numbers currently make sense but we are concerned with the potential Health risks as well as how this could effect us being able to rent the units in the future or selling  the property a few years down the road.

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Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

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The biggest concern I have is that most individuals in my network will not be able to cover the whole $100K purchase......and I wonder about having 3-4-5 private loans and the costs/hassles associated with that.  4th lien position? 

Not sure if the back unit is permitted.Not sure its a good first flip for a beginner.

Big concerns are bankruptcies/repossessions/evictions and crimes against people/property.

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