Some people, by nature, worry about these kinds of details and may not have the stomach for investing in a short-term rental property.

Read to get a general overview of REI when you first start learning and as you begin to find certain aspects of it (buy-hold, flipping, note investing, residential vs. commercial etc) interesting you will naturally want to learn more about those specific things. 

The distance, timezone issues, and general comparative advantage nature of investment make it hard to do and learn everything.I completely understand the impulse.

You will apply with them, normally when you find a home.

Does same rules apply ???

If you want retail and industrial lease forms, you're probably going to either need to hire a lawyer or find them elsewhere.Also, forms of that nature might be state specific, as state laws can vary from state to state.

This applies to both furniture and appliances which are often times in nearly new condition.

Even if the fund bought assets in non opportunity zones, the tax benefits would apply to said company and it's long-term holdings. 

How often is that granted and how many days before the redemption runs out do you need to go to the judge to apply?

I will disagree that "licensing is easy to get," as the NMLS test is hard to pass AND even if you do, your entity must now begin quarterly and annual reporting to the NMLS System.Also, under Dodd Frank, if the above apply, you are probably required to document the borrower's ability to repay, and service the credit agreements/loans under the strict Dodd Frank loan servicing rules.