There are some restrictions and challenges you will have to face with conversion of an old structure.

As a borrower, thats an insanely sweet deal in my opinion if you are correct about the loan structure, because you are pretty much hedged everywhere - i.e. you'll only face minimal interest rate risk, and even then you can refi- out if the rates too high. 

I can barely get on line..

The Lender notifies the Owner they are delinquent and facing foreclosure.

When I moved it I had electricity (which I barely used except to run appliances, and I mean that my monthly bill averaged $30), heat (which again I barely used...nothing that cheap sweatshirts and blankets can't fix if you're just sitting on your computer looking at BP), and running water...and in this regard I literally mean running because I had a 4 foot hole in my dining room ceiling with a plumbing leak and a red Solo cup to catch the drip while I slept on an air mattress on the floor.

I'm studying to become a realtor right now and it sounds like he's violating the code of ethics and could face problems from the board of realtors.My dad has been a realtor for almost a decade and started out selling $35k houses in the bad parts of Louisville just to get by.

This is definitely a personal issue this family is facing, and while you may well empathize with her, you still need to have that professional distance.

Association fees can cover the bare minimum (things you would have to pay for with any real estate investment) or they can include luxury costs like pools, parks, etc.  

Should you find yourself in a situation where you face lawsuits from owners, are you prepared to defend them?

One of the practical issues anyone involved in the marijuana industry faces is banking.