Investing in notes is my favorite for retirement accounts for several reasons: passive investing, low risk (if you do your due diligence), good returns.This topic has been discussed here on the forum many times, I suggest you search the forum for the related discussions and you can learn a lot.

Multiple sub contractors with multiple separate contracts are not allowed..Repairs/Improvements must be completed by licensed contractor(s) as required by local/state municipalitiesRepairs cannot be completed by a related or interested party (i.e. relative, real estate agent, seller, broker, etc.)Borrower selects contractorContingency Reserves Minimum 10% is required.

I’m relatively new to real estate but I’m determined to grow my network and knowledge base.

To me it says a few thingsanger issuesdomestic issuesBad choice of friends/people who come overIntentional revenge or sabotage I usually overlook drug related offenses. 

However, I also don't know if having so much credit relative to my income will have an effect on my ability to get approved for a loan to purchase a property or a refinance option.

It takes less than 2 weeks to find a qualified tenant and process them through a rigorous tenant screening process.Even in situations where there will be some re-painting and some renovations, the tenants are just happy to find a secure, good apt in a safe and trendy neighborhood.When I build my Business Plans, Vacancy cost is projected to be ZERO in my investment localities.If a friend or relative invests in a different location, then I look at the asking rent versus the Fair Market Rent (FMR).If the asking Rent is approximately the same as the FMR, then, depending on the vacancy rate of the target area, I would estimate 1 month vacancy allowance.IF the asking Rent is significantly below the FMR in a highly dense locality, then there is no point on adding a vacancy of any significant value.I once had an apt with a FMR of $3k per month.

Yes there was no honey in my email but I do not believe my tone was such that warrants immediate severance of all business relations.

(This relates to real estate so bear with me). 

@Diandre Pitts a good deal is all relative. 

The previous rental agreement also has some clauses that appear to be relatively pro-landlord, at least given what my own plans for the property are at this point.