Commercial loans do typically have higher interest rates, shorter amortizations schedules, and balloon payments.

Courses #5 – 8 may be included in your postsecondary educationExperience Requirements – 20 transactions The Division calculates the transactions to ensure the applicant meets a total of twenty by using the following formulas: • Listing agent in the sale of property owned by another = ½ transaction • Selling agent in the sale of property owned by another = ½ transaction • Listing agent in the lease of commercial or industrial real estate owned by another for a term of at least one year = ½ transaction • Procuring agent in the lease of commercial or industrial real estate owned by another for a term of at least one year = ½ transaction • Listing and /or procuring agent in the lease of four residential real estate properties owned by another for a term of at least one-year = 1 transactionThere are also requirements about not having a criminal record.http://www.com.ohio.gov/documents/real_Requirement...You can probably get into investing sooner than you can accomplish all of that.  

Look forward to meeting some of y'all.Travis Hayes

@Harv Yergin IV  I am from Delaware, but I have yet to find a lot of single family / multi-family deals this way, most barely meet the 1% rule,  if that.  

You will run into trouble if you slack with cost or schedule control, and I have paid my tuition in the school of the hard knocks myself.A project of that scope, in my opinion, would be a "barely worth looking at" project from my perspective having done 25 renovations, 17 of them total guts, 11 of them over 100k each.It is a personal opinion, and it is not because the money isn't to be made there.

Looking forward to seeing you at the next meeting in October.Stephen

The last step in your screening process, should include a phone call or meeting to assess the character of your tenant and whether you feel they will be easy to work with or highly demanding and a pain in the ***. 

I'm looking to make connections and start meeting with serious investors to learn and grow.    

Networking with experienced investors here would be a good way of finding potential mentors: https://www.biggerpockets.com/meet

@Anthony Ellison it would be great to meet both you guys and possibly gain some knowledge.