New, nice apartment complexes right next to it. 2 - It is most common for water / sewer only because it can't be split on the meter. 3 - Those rents are great and at market value based on my read. 4 - Citizens (gas) 100-150 per month per unit.

I am a senior citizen and wish to minimize the stress in my life. 

After all, why would a good-earning and law-abiding citizen want to live in a high crime neighborhood?

@Carson WrightLLC's are likely the most versatile entity structure if we are just talking about US Citizens / Partnerships / Corporations as members.You may have to think of other structures when you are considering taking on foreign individuals / exempt organizations.When it comes to ordinary income, speak to an accountant to see if an LLC taxed as an S-corporation makes sense.Best of luck

One of them, who owns 33%, is not a US citizen but is South African. 66% ownership is with myself and another American citizen. 

@Gaganpreet DubbThere are a lot of tax considerations when foreigners(non-US Citizens / non-US residents) invest in the United States.1) Do you need to apply for an ITIN2) What is the best entity structure that will have your taxes reduced in both the US and your home country3) Is there a Tax treaty between the US and your country - If yes, how does that effect things?

Private citizens don't have the right to have someone else's car towed simply because they don't want it in front of their house. 

I have helped a few people so far (Uk and Canada), non-citizens and have learned that the issue is not really the TK provider - at least not when it comes to the investment.The issues foreigners are facing are mainly in the area of financing (to take full advantage of the leverage and currently low-interest rates), corporate structure, as well as some TK provider behavior.On the financing and corporate structure, I was able to develop relationships I make available to my mentoring clients so we can overcome these hurdles, even though it takes some time and effort.On the TK behavior, it is harder because we all don't have much influence.

Depending on how old the roof is on the property you could look into Citizens.

I am a Norwegian/Australian dual citizen living in Mexico.