My current plan is to read it twice, the first time to gain the exposure and get my feet under me, the second time will be slower and in parallel I'll start compiling all the recommended documents so that I'm ready to start looking for tenants.My concern is that my focus should be on finding deals and that I'm going off on tangents and getting worried about what ifs.

Get every form you can find, compile the items on all the forms and create applications and lease agreements that covers everything you find on those forms and write that information to cover your butt and to make everything clear, in the beginning, for what you expect from your tenants.

As digital records are being compiled by our government with Corelogic, Uniform Collateral Data Portal® (UCDP®) members, and others all the tract houses in America have information available.

I personally have found NASB to have the best terms but I haven't shopped around for non-recourse loans for a few years so I recommend you just keep contacting as many banks as you can and compile a spreadsheet of the terms and rates so that you can find the best terms for your deal. 

In both cases, syndication would be needed with a securities attorney.Here is the list of promissory notes recognized by the Supreme Court as NOT being securities is a compilation of nearly random examples:Notes delivered in consumer financing.Notes secured by a mortgage on a home.Short-term notes secured by a lien on a small business or some of its assets.Notes evidencing a “character” loan to a bank customer.Short-term notes secured by an assignment of accounts receivable.Notes that formalize an open-account indebtedness incurred in the ordinary course of business.Notes given in connection with loans by a commercial bank to a business for current operations.And the determining factors for how a court will judge it to be a security or not are :Whether the borrower’s motivation is to raise money for general business use, and whether the lender’s motivation is to make a profit, including interest.Whether the borrower’s plan of distribution of the note(s) resembles the plan of distribution of a security.Whether the investing public reasonably expects that the note is a security.Whether there is a regulatory scheme that protects the investor other than the securities laws (e.g., notes subject to certain banking regulations).Again, consult an attorney.

You should compile all your crazy stories into a book.

@Jason Chase CPAs don't "certify" they compete audits, reviews and compilations so you need to know which you need.

.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.

.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.

@Kerry Baird thank you for those answers its much appreciated, I will take my lunches this week to compile a list of banks and answered questions.