So I would like to gain some idea in this field. 

If you start in commercial typically it will be smaller deals say 1 million or 2 million.

Typically there is between that point and closing (when you actually own the property) there are several weeks or months for due diligence and for financing to get lined up.  

Hard money lenders will typically set their own rates with little to no room for negotiation unless you have developed a relationship with them.

Typically, there is somewhat of an inverse relationship between Net cash flow vs. price.   2% rule is usually easier to get at lower priced homes under 100K.  

Just trying to build clients and gain more knowledge of possibly building relationships and a possible buyers & Lenders list!!!

There’s typically a good mix of attendees - usually one or more attorneys, a number of agents, many experienced investors, landlords, flippers, rehabbers, contractors, lenders, etc.

Ned,Thanks for your reply and yes, maybe I'm over thinking this and I agree, I should definitely consult a lawyer, but I'm trying to gain as much knowledge as possible first before I make steps to pay for a lawyer.  

How long does it typically take you to fill a vacant property?  

When building new, it is possible to design and build houses, and larger buildings, with a modest increase in up-front capital (10 - 15%) costs in comparison to the "normal/typical" minimum code build, which have resulting energy consumption 70%+ lower.