My inexperience and excitement at trying to "get the ball rolling" have me evaluating everything in inventory in Southeastern Louisiana and not finding any particularly great deals. 

Currently, a lender wouldn’t give my company a second look because of my inexperience.

Our in experience cast us a considerable amount of time, money and heartache.  

You'll not only be in an area you like, but your renters and neighbors will be happy too.Just my opinion, with utterly no basis in experience.

Negativity and inexperience comes from like...80% of people...they are also the people with no assets, high debt, and plenty of gum circumference to flap on topics they know nothing of.My only comment to you is your application fee is going to scare off a lot of people.

Add to that your inexperience... 

This seemed like the best deal I could make happen given my relative inexperience with buying/rehabbing from in investment mindset.

This is my first investment property and i don't live there, and this is something that i'd just never thought about due to my inexperience.

Given my inexperience on a matter like this, I'm soliciting everyone's expertise here.  1) How should I handle the liability with the building and other unit owners? 

This was a much larger renovation than my first live-in experience.