I know I personally prefer having a lender who is local. 

I prefer tax deeds myself, post auction lands available tax deeds in particular.

I would look for something that you can turn into a 3 unit or 4 unit but a duplex may work at least initially — a shell is totally OK (and may be preferred) if you have the budget to renovate (note that you may be able to find a construction loan with as little as 3.5% down although you’ll need to run the numbers to see whether it will work for you).If the answer to the first question is no (or the answer to the first question is yes and the answer to the second question is no), then don’t invest in LA because you are likely able to get better cash flow elsewhere to offset your current housing costs.

Sometimes I think about cubicles, performance reviews, efficiency studies, reorganizations, downsizing, rightsizing, outsourcing, customer surveys, politics, employee surveys, budget reductions, 2% pay increases, mission statements, vision statements, presentations, progress reports, staff meeting, commuting, etc.

I prefer the online classes vs. classroom but it's up to your schedule.

I have customers that one owns a oil company , the other owns a propane company .  

I prefer to start with single family home but will be flexible to other type of properties.

I have studied many types of Equity structures in a syndication scenario with various types of preferred returns, equity hurdles, and more, however I have not been able to find anything about how a sponsor can buyout the equity limited partner in a long term hold scenario.

@Tyson Lee this is my personal preference, but I'm not a fan of properties that are all 1 beds and studios.

Certainly there's terms on the loan we have to honor but he's in the same boat utilizing agency financing as a preferred buyer.