Some people may disagree with me here, but when I have a new listing I price it a little lower than market for the area in order to get some traction, and to build a review base.  

I disagree.

I started to disagree until I realized there was a glimmer of interest there.

I'm not an electrician, but I disagree that this will bring things to code; connecting the receptacle ground to a water line is not a good practice to follow.Here is a quote from a link discussing GFCI devices that you'll see below:All circuits must have an effective grounding system with low impedance on the ground wire back to the panelboard.http://www.compliance.gov/forms-pubs/eresources/fastfacts_GrndFltCirInterDec2009.pdfAnd based on that snippet, I would venture to say that even if you use a GFCI breaker in a panel, that you will still need to have a three-conductor wire going to the receptacles that are to be connected to that breaker, with that third wire being for the grounding.

If you have insufficient capital/insurance/etc, the Court may decide that the entity is basically a farce, a way to deprive creditors of the money they are owed, and will allow the creditors to pursue you personally.The only point on which I disagree with Bill is that I think instead of reading a textbook, the better avenue would be to spend a couple hundred with an attorney to set up your business and get some basic advice.

If/when you get treated wrongly, you could try mailing the property owner to inform them of how their PM behaves.If you disagree and would not sign any of the addendum, I would dispute it now before you give notice.  

@Stephen Bradford I'm sorry to disagree with you but no you don't have the right to know who owns the property.

I respectfully disagree with your last line.  

Weeks after closing, our insurance disagreed and informed us that all of the roof needed replaced and our independent insurance agent who got us that policy informed us that most companies would concur.

I've gotta disagree- in my experience, cash flow should be the cherry on top.