The guy basically said they will find a qualified person who wants to be a home owner but is unable to buy, right now, and they will put down 10% of the purchase price, which is non-refundable, and we will settle on a sales price. 

Basically in our condo association too many of them are renter versus owner occupied.

I just studied as much as possible and got enough basic information, then treated it like a bandage and just ripped it off.

But what I really want is the freedom to be able to take risk like start my own business, get into a startup, etc. but have a basic safety net or backstop in place in case things don't work out.  

Does this valuation principle apply to all apartment buildings with 5 or more units, provided that all units are legal?

There is a lot, but on the most basic level, look for someone who does at least 30-40 deals a year as an agent and owns at least 10-15 doors, some rehab experience is a plus.

It basically asks the tenant what their rent is, what security deposit they have had withheld, the length of their lease, and any known issues with their unit.

@Marcus L RobersonBased on A couple of your posts seems like you have a few basics to knock out, I’d be more than happy to answer any and all questions.

I pay biweekly and more than loan principle at 1200.

You invest money with a professional real estate investor who is basically doing (A) above and he raises money from others to buy and manage deals.