Remember, your typical renter doesn't think like you and I... that's why most of them are renting rather than buying... they want simplicity and lack of responsibility.

If you maintain your properties and typically do the right thing, insurance should protect you from just about anything.

When using private money for investing in a buy and hold property how is the deal structures typically?

Typically at these events you have a mix of people looking to learn and there will probably be sales pitches. 

Typical worthless attorneys.

What would be the typical terms that I have to pay it back?

Once we 'assume the contract', how does that compare to a typical escrow?  

Here’s what it says: “Loans Secured by Real Property or Used to Purchase, Build, or Improve Real Property: If properly originated and negotiated, such loans are typically exempt when made or arranged by a licensed real estate broker.”Was your loan to your friend properly originated and negotiated by a licensed real estate broker?

Close in a exterior area and make it into a air conditioned workout roomConvert a garage into a large living areaRepaint outside of the houseChange from typical arizona rock yard to grass in front and back yard.

As long as it’s not sinking into a corner or off the foundations, it’s typically ok -an experienced inspector will tell yo if there is a problem- I use pro-home inspections- Mark Felion out of St Paul