Worst case is that they can wire you the funds.  

5 units is basically the worst possible number for an investment property. 

Because all the locals all know the triangle of Diana Street, Joanna Street, and Barbara Street is a place to avoid, the worst nexus of the high hood where the local drug trade lives and breathes.Yet Diana, Joanna, Barbara Street houses are still getting sold to OOS and institutional investors.The other thing that's happening is that people are buying cheap-construction properties in the same hoods for inflated prices, stuff that's obviously heading for a teardown.

Just try to prepare yourself for the worst with regards to how you communicate in the future. 

I would keep all my reserves in one account, based on what my perceived worst case scenario was.

Worst case, you can go for eviction for breach of the lease.

A 50/50 partnership can get deadlocked and lead to at best hard feelings and at worst lawsuits.

Generally coming with the most headaches - worst tenants, difficult to keep in repair, and transient Renters.If I was looking for income property at this time, I would look for the fastest growing markets where appreciation and demand might grow more rapidly than other markets.

The worst thing that could happen is contractors dont pick the best priced ,materials (excess expense), or they order too much material and they keep the extra material for another customer.4.

The worst thing that could happen is contractors dont pick the best priced ,materials (excess expense), or they order too much material and they keep the extra material for another customer.4.