What I mean is many of these weekend courses (I have not taken this one so this is not specific to this course), a common theme I hear from investors and verified by BP posts are they see these courses with case studies where they bought a note for 30-50% on the dollar etc.

Wells are great when maintained!

I studied hard and became an SEC registered rep, capital raising for a select few operators, and working for one of the longest standing teams in capital raising, who raise for those operators with solid track records.

Just be sure to read, learn, study, ask questions along the way and changes are things will turn out fine. 

You could always purchase one now and maintain a relationship so you get first dibs on the rest before he puts them back on the market? 

I'll be sure to thoroughly study everything you have talked about.

Back yard lawn is mostly hidden behind the garages, the property is going to be a rental so I'm thinking something easy to maintain!

We have used this model in a number of projects, refinancing and returning 30-130% of original capital back to investors to "de-risk" the asset while everyone maintains their equity ownership / % for a longer term hold.

In this instance, I think this would work well as we maintain a very positive relationship with our tenants and this one in particular was appreciative of our approach.

With more than 4 properties I definitely recommend a property management software that allows to run books per property while maintaining one operating account for rent income and property related expenses.