Perhaps see what they have to say vs the amateurs beforehand.Good luck!

To be honest the monthly rei meeting seemed like amateur hour, deals announced weren't very attractive and it seemed like a majority of the people I talked to owned a property or two, no major rehabbers or cash buyers.

I've always been a bit hesitant to ask for help on here, at risk of sounding like an amateur (which I obviously am) but the response and help was way more than I expected.

I suppose I could have them print and fax the lease to me then pay with Paypal, but that looks so amateur.

I don't want to mess it up and seem like an amateur.

I will tell you a clause like that is a dead give away as to amateur status in a commercial transaction.

This was a classic case of a game of musical chairs where the amateur latecomers were left standing when the music stopped. 

Most don't realize that to a plaintif's attorney the defendant's LLC (you) being self created and you being the registered agent means amateur and the LLC will be blown up with no effort at all. 

And you have an NOI of $27k, if your cap rate in your area for B is say 5.5% you would be looking at a sales price of $500k, so you will need to justify higher rents if your area can even support it.There are just a whole bunch of red flags from my (amateur) point of view on this one.Just out of curiosity, where did you find this deal and where did you get your numbers?

Might still be a deal, but more than I could execute as an amateur and remote investor.