His God complex and giant ego won't allow him to reflect on the damage he's done  keep in mind if the SEC detects a serious issue and one that could harm investors right now they have the power to take emergency action and shut them down.

There are a lot of quirks and oddities in Louisiana law where the current tenant can assert that they have an implied agreement that they can pay late, stay X months without a lease, do whatever action, etc, based on what the current landlord/owner has allowed and told them in the past.

Quote from @Leah Miller: @Justin LandesmanInsurance has been bound for weeks already so that shouldn't be an issue. 

Utilities will be an issue.  

What can I expect for timeline, potential issues, rough costs? 

The issue is his definition of cash flow. 

I do my best to stay on top of the renting laws as an agent who works with investors on a daily basis.

Meanwhile, the sellers who are most likely to offer creative financing are normally the owners of  real estate that have issues.....condition.....low barrier/over supply market......or perhaps pricing issue, and one of these factors is why its not marketable in a arms length transaction and why creative financing would be accepted.

I thought I bring this issue about Peter Harris back up .I was also told about the $10k start up fee .

I started to notice some issues early on when I tried to get some new tenants screened and signed up.