Both full of problems and potential lawsuits.

Richard Weeks nailed it, both are full of problems and potential lawsuits. Only upside to commercial is when you have a big strip mall or something and can get tenants like Whole Foods or Costco you most likely have a tenant that pays on time and signed a 30-50 year lease. Long term tenants.

Pays to know what you are doing with both.

Jason,
You have gotten good answers here. For the life of me I don’t know why anyone wants to any type of property management.

Transition in which direction? They are very different, no matter. It also depends on the state laws. Also, in commercial, a big difference is the depth of the pockets, and the legal lengths a tenant would go to over a multi-million dollar lease, as opposed to a few-hundred-a-month residential lease. I love to read the recent cases via Plain Vanilla Shell  .

I would not undertake EITHER without an experienced broker/mentor. It's where your license is most vulnerable.

This is a topic you should being up with your broker or instructor.

There are similarities.  They both involved people and they both involve properties on planet Earth.  Otherwise, they are diametrically different.    It's a matter of learning one or the other... or both.  

Similarity - we don't do either.

just instinctively, I would expect it to have some differences, but I doubt if it's Rocket Science to make that transition....

I think Richard Weeks has this one right. 

Very different and not a smooth transition.

I am not a commercial agent. It is important for you to work with a broker who does commercial real estate before getting into management so you will know how it works.

Not in my humble opinion. There are nuances in each sector!