While this agreement was focused first on Canada, the US, and Mexico, so many trade agreements have realized that "Giant Sucking Sound" Ross Perot warned us about.Not that I am working for a political discussion, but facts are, because of our vast trade agreements, we no longer manufacture or grow so much that once made the US the most productive economy in the world.

I fix things, do upgrades and do my best to bring new tenants into the building who will follow the rules and not cause disruption to the other tenants.We've all noticed recently the media (in general as well as social media) seems to enjoy giving attention to the bad landlords (mainly the harsh letters some landlords are mailing to tenants) and that certainly isn't productive however the media/social media often tends to enjoy broadcasting negativity. 

Additionally, if you are going to finance the property you will have a personal guarantee either way, and often taking title and financing in your name versus LLC can save you on interest expense.If you need to raise money or have a partner, then an LLC becomes much more important, if you have your own cash, it is optional.As mentioned, the type of product you are looking at can help us provide you with more assistance. 

Some economists say the decline in gross domestic product this year could rival the worst years of the Great Depression."

The finished product, with all your options selected, can often be significantly more expensive.

I did the work, stabilized the rentals and now have a nice little asset that I constantly get inquires from other investors begging me to sell it to them at 4x what I am into it for.

You could always keep the loan with its current servicer to allow for a little more stability for you and your borrower.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proAlerts can be really helpful too: http://www.biggerpockets.com/alertsThe site has quite a few tools that can be helpful for new members.

But you picked an investment type that had high up front return but low stability and high volatility when the markets are down.

You'll also have a better rate than most other loan products with low down payments.