If major issues or concerns are discovered, provide detailed information to the seller and either negotiate a discounted price or consider walking away from the deal.Due diligence is the backbone of successful real estate transactions.

I have an 800+ credit score and access to over $100k in revolving credit and much more than that in personal loan offers, but currently have less than $10k in cash reserves, which I plan to build back up to $20k in two months.My mom, in her mid-50s, wants to invest in real estate as a means to improve her retirement.

Take the deduction for your business.  

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I have another LLC because I am also a GC and all my renovation activities go under that business. 

I did not further the misinformation and when I was asked for a business card I informed the tenant I don't have one.

While I'm not certain about your current real estate objectives, I can assure you that this is an excellent platform to enhance your knowledge and connect with others in the field.

I think I could make a return 1,000+ pages if I really wanted to, for whatever reason, for a simple small business owner, and 90-95%+ of the return would be useless/unnecessary.

@Sanjida Rabbani, my real advice is: you need to find your balance of "learning" and just doing.  

I have a property in Jackson Michigan under seller financing it was my first time taking this route. I don't have the time to rehab the place. So I am thinking of selling it. I want to know the pros and cons should I ...