Operating agreement - Lawyer created it and told me to sign all documents for the LLC as a manager.4.

Again, the summary is you do NOT want to push it as close as your example as you can run into a MAJOR pain in the butt in that scenario.

Interested in investing because it is painfully obvious that my career compensates for minutes spent in a chair. 

The buyer needs to feel the pain if they commit to a property at a good price and then back out. 

Short sales are a huge pain and can take forever.  

Hey @Lorenzo Gonzales, I feel your pain.

That was a non-painful lesson learned to my business partner and I.  

Sure glad you forgot most of your questions, take a hint, ask in chucks instead of in a dissertation, asking more than 3 questions is a pain for those trying to answer.Financing terms and limitations refer to secondary market financing, after 4 it becomes difficult and other sources might be better.

In general, is a pain.  

That was painful.