It's honestly been a big learning experience for me just diving in and ironing out things as I went.

The more irons you have in the fire, the greater your chances for success. 

My own family went through, and even met with, like 6 contractors in Iron Mountain before one actually followed through with everything they said. 

Terms have not been completely ironed out.

Just get a proper home inspection and investigate the basement quality, electric type (i.e. knob and tube, aluminum, ungrounded, modern romex), plumbing type (i.e. cast iron, galvanized, pvc), and just be overall ok with an older building material.

They wear like iron and look pretty good!

We liked it except they had some real issues with accounting but I heard they ironed that out. 

It’s ironic because she is working at a hospital where many of my other tenants work at and I’ve never ever had an issue.  

Outgoing cast iron pipe is more of a concern than newer white PVC pipe.

Based on the popularity of the post, I thought it might be worth posting an update, especially because the outcome is quite ironic!