Title company that did the search, as well as our attorney, felt the risk was minimal.

If so, any suggestions as to which way to accomplish this and avoid or at least minimize the tax? 

I am hoping minimal income effect but understand having off street parking may justify slightly higher rent.

The barriers to entry for success (even out side of real estate) are minimal for people with a dream, which literally echoes the "American Dream" of the former eras. 

Totally updated on the main floor with dark bamboo flooring and white trim. 4 bedrooms upstairs, with new paint throughout.

Lets say $10,000, with a full year of minimal CC payments and no interest. 

There's a lot to this electrical story but I'll try to focus on what I'm here for which is a practical and more immediate solution to a much bigger problem of a building built in 1911.Upon purchase of a 4 unit building I find the first floor, and much of my basement, is dark.

What is done to follow these trends in order to make the most educated decision possible to minimize risk and make the most informed deals possible?

Amazing location, minimal work, newer build, ect.

Btw the cool thing about ACH is it hits your account as soon as the next day AND there are no fees for the tenant and minimal for LL.