I think it is also pretty weird that at a lot of auctions if we see a "newby" ready to bid on the "wrong" thing, several people will warn them. 

Structurally, the property is in pretty good shape EXCEPT one problem that I cannot properly assess: the plumbing will not hold pressure.

At the end of the day, the backbone of every business is pretty much the same: you need a strong, committed team.

They are pretty "normal".

They’re pretty solid markets with good rental demand.As for RentRedi its a great choice for tenant screening.

Its pretty simple, we obey the law. 

My only concern to look out for is that things can go 'rural' pretty quickly if you start venturing outside of town, and most lenders are going to put the brakes on financing if the appraisal lists the property as 'rural' (has to do with what they perceive as the availability of future tenants).Watertown, NY - It probably is as good as you believe, but the lending licensing is pretty tricky up there, so its just  bit more difficult to find lenders that operate up there.

These are pretty much the replies I expected, but great to hear that I'm not the only one concerned with guest safety. 

Pretty nasty, huh?  

I will provide more information later.The two main setups are:1- Holding company in Wyoming if I want Charging Order Protections advantages, then a Series LLC in Kansas holding my Kansas RE and another Series LLC in Missouri holding my RE in Missouri.2- Holding company in Wyoming if I want Charging Order Protections advantages, then form as many LLCs as I want inside of it, one per rental or one LLC per 2 o 3 rentals.Fees are pretty reasonable and the same as they disclosed before the appointment, on their website or youtube videos.