I've found that having a good team of people who trust each other, stay in their lanes, and communicate are the biggest reasons we have succeeded.

Parking will likely be your biggest hurdle.

I've flipped about a dozen properties here in Chicago, and quite honestly, it felt like something different went wrong on each one of them.My biggest piece of advice is to KEEP IT SIMPLE starting out. 

Can any of you make some recommendations on how we can install cameras without possibly having to use an internet network?

You may also want to get the fastest internet possible and to set up individual networks by the room.4.

There are a lot of shiny internet companies touting their HELOC, but you will do better with a local bank every time.

The biggest red flag is discouraging you from viewing the property in person.

The biggest risk I see is one decent size hiccup and they could be toast.

Talk about I Robot, As for the internet not going down @Levi T. 

I think the biggest benefit of it though is having access to the LOC.