It’s a numbers game of buying lists or driving for dollars .. taking note of rundown looking homes and sending out thousands of mail pieces and working to convert motivated sellers into selling their home . https://www.marketwatch.com/story/home-flipping-activity-reaches-six-year-high-2018-06-07

@Joe Villeneuve - There are "Hard Money Lenders" who have loan products in the 5.5-8.5 range for buy and hold. 

LLC for investment property - One LLC for multiple properties or individual LLC for each property? 

But it surprises me that a $700K structure placed permanently on a tract of land and used for productive purposes would not qualify for 1031 treatment. 

There are so many lanes for success investing in real estate, it really comes down to your individual skills set.

You likely signed a document at closing that says if you owe any more money that was missed you are still liable and will make appropriate payment to appropriate individual or entity.

BP and the community has exponentially increased my motivation and knowledge with real estate investing.

There could be interest only years within those terms or it can be a hybrid product as you mentioned. 

The definition of accredited investor will be updated to include "an individual determined by the Securities and Exchange Commission (SEC) to have qualifying education or experience."

The most thorough checklist will be hiring a property inspector to check each unit individually.