Long term Rental, Principal Paydown, Cash flow and AppreciationLessons learned?

Quote from @Jay Hinrichs:Well Marcus since its U and me on this thread. ( and I cant believe more BP members are not interested in learning about these types of investments)  but anyway here goes.So hopefully if anyone actually reads this and has interest they will see the benefit of learning how to go into the cities look at long range planning get to know the long range planners identify movement we can all do it as small investors we do not have to be big corporations I'm interested.

I figured that flipping an 80s or 90s mobile home would be not only quicker and easier to do than a regular property but it would also be great learning for any rehab I would have to do in other properties I eventually hold.

I learned that 99% of the time you won't be able to assume a loan unless it's immediate family.

I thought it took tons of capital (of which I had none) and extensive knowledge that would take forever to learn.

Your GC will know, do not over think it, Watch and learn Good luck BTW NO painting before demoFLOORS ARE THE LAST THING you do. 

@Steve K.100% agree which is why I am against people doing seller financingThey are investing in a security instrument that is typically over leveraged because they may sell a $200k home for $220k, and get 7-8% taxed at ordinary incomeI can invest in other investments and get 8-10% taxed as qualified dividends or get depreciation and have ltv’s below 70%… throw in these borrowers are typically not underwritten properly and have a high chance of failure and I scratch my head why people think this is a great ideaI think a lot will learn the hard way in the next 2-3 years

I'm learning all I can and saving up as much as possible in hopes of buying my first house hack! 

I would greatly appreciate any tips, recommendations, or cautionary tales you can share based on your own experiences.Specifically, I'm interested in learning about different creative financing methods, potential pitfalls to watch out for, and any legal or financial considerations that I should be aware of before proceeding. 

I have bought a couple of single family houses in the past as rentals, but I would like to learn more about buying either an apartment complex or possibly buying multiple single family units.