However I've also read that commercial real estate is a huge grind and "only the strong survive / dog eats dog" type of stuff.

Ultimately you cannot know for sure if it's going to work out. 

This is especially true when the ultimate owner is the same, which in this case it is, kind of, as there is no new risk incurred.If you were to get a property from someone else for free that you intended to put a lot of money into, you would want a warranty deed.

There's also a good Getting Started guide as well as these forums.But ultimately, you need to decide what type of 'real estate investor' you want to be.

Instead they need to learn to be flexible but firm and remember they are ultimately in charge.     

Ultimately don't be concerned about the rate.

Ultimately you Cash on Cash return will go up if so.

I was a licensed contractor in California, but let my license expire when I moved to Arizona 12 years ago.Our intention is to start wholesaling before moving into fixing and flipping, with our ultimate goal of building a rental portfolio for retirement.

I suggest Ultimate Free Beginners Guide

His unit is full now, but i would rather have a vacancy than a tenant that keeps things stirred up with the other 3 tenants around him  & which may ultimately result in more than one vacancy if something is not done.