I contacted them and got an email form them referring me to a 3rd company that could help me get started on investing in notes and provides education, seemed odd...

In other words, what are the Subject's characteristics which the market seems to place value on (i.e., specific location, gla size, lot size, specific amenities, remodeled, etc, etc, etc).

This seems like a GREAT deal and good way to get into real estate especially with the limited inventory in my area and this being my first "investment".

If the cash flow on the existing properties goes close to breakeven, seems like you would be increasing your risk of large capital expenditures, like roofs or heat pumps, without cash flow to sustain them. 

It seems like it was a restaurant or a grocery store. 

Pricing over there seems to be more speculative on what it could be worth 15-20 years from now rather than tied to the fundamentals of cashflow.Also if you start in Inglewood, 2 hours in LA traffic doesn't get you very far haha

There seems to be a lot of rental competition already in areas like Marietta for example, so I can understand why they would mention these areas feeling saturated.

I know there is probably not a 100% right choice but paying $20k over without having to seems illogical in general and I would like to know everyone's thoughts.Thank you so much!

It seems to me that some portion of the house purchase/reno/outfitting should be able to be claimed as a business expense, but I have no idea how to correctly do so. 

I've looked at First American/Data Tree and a couple of others but they seem pricey especially considering the search and records limitations on the base plans.