Yes, that's one of the motivations that bring us to BP we want to start with the right foot!  

He also told me he probably wants to re-negotiate the balloon payment because he doesn't want the bulk of the capital gains all in one year.

One note on this @Jenny Yu. 

One thing I wish I knew starting out was the true overhead of running a RE business it can be pricey if you don't run your numbers right.

If you pay more, you won't meet your metrics and will probably have negative cashflow and/or equity.You may have to make 10, 20 or even 100 offers to get one accepted at the price that meets your numbers.This is what all investors did BEFORE the Great Real Estate Crash of 2008-2010.

I negotiate at 70% ARV so the deals I bring are solid and I'd love to work with one single corporate cash buyer that is able to close  on several deals a month.

Maintenance is one of the biggest challenges, maybe even #1, in the Property Management industry.Seems maintenance is, Never Fast Enough for Tenants, or Cheap Enough for Owners!

I’m considering this one because it advertises help with tax structuring and LLC advice which is appealing to me.

There was one example in #1.

A delinquent tenant on month one is indicative of poor screening.