Currently I am a owner and operator of a long term facility that treats and rehabilitates individuals suffering from drug and alcohol addiction.I am now looking to shift my focus from the day to day operations of my business and jump in to real estate investing.Additionally, I am working to obtain my broker license as a means to support my goals in real estate investing.I am partnering with my brother, close friend, as well as a mentor to begin this new journey.I look forward to networking with many of you. 

You may want to make it clear that you expect the fluids be recycled appropriately. 

Would you keep operating as an individual and get taxed appropriately with capital gains?  

Were the rents appropriate? 

You should raise rents if you want to help him out, this way he gets the appropriate income that he should.

I believe it’s as simple as signing the appropriate forms and paying the filing fees.

I've only been in 4 units, of course I'd need to see all 12 and have the appropriate inspections.Though I've analyzed it as a cash deal, I would get financing for it, 65-75% of the price up to 7.5% interest rate, though hopefully lower.  

All Contractors are subject to the lender’s determination that the contractors are qualified and experienced, have all appropriate credentials required by the state, are financially able to perform the duties necessary to complete the renovation work in a timely manner, and agree to indemnify the borrower for all property losses or damages caused by its employees or subcontractors.Multiple Specialized Contractors: Since this is a limited repair/renovation program, no General Contractor is required.

@David De Luna this might be a more appropriate question for the Commercial Forum. 

When you are a couple months from another acquisition, open a HELOC on the properties that you have an appropriate amount of equity in- use that money either for a down payment or cash in full on your new purchase and do a cash out refi after six months so you can pay off your HELOCs and roll that equity in to your next property.