Right now I'm in the research phase and I just have to ask what is it that are essential needs to know about investing?

Essentially, finding a buyer and putting them in touch with a seller then having the buyer pay you a fee for bringing them the deal.

@Paul Callaway on Property "A" you can request a HELOC after all of your updates and then have that money available to you, this is essentially your money and you can use it for what ever you would like.  

We essentially took what would have been the buying agents commission and split it 3 ways. 

If the building has 4 or more units, there is an annual fire safety inspection...sounds like that doesn't apply here.That's it off the top of my head, hope that helps.

Learning so much from this open dialogue.Just for the sake of understanding all scenarios, LC's would essentially be "Non-recourse" loans correct?   

MSA stands for Metropolitan Statistical Area, it is essentially the area around a city that is effected by socially and economically by its relationship to that city.

Right now, I live in an apartment and am essentially throwing away money, so investing in a tri- or 4-plex would be ideal.

So essentially, if the property's income is north of $20k annually, he would need a zero interest setup to pay the principal down for a year.  

To be safe and have safety in mind, you need an engineer look at it.