You might want that in the first year as it increases your cash flow in a period when usually propriety performance is weak and the cash flow is lower (and that could be useful in financing/refinancing said property).

America.but must air seal as it will bring warm air from conditioned spaces to basement. dehumidifier produces heat as by product, and takes more electric to operate. if go with dehumidifiers get large comm heavy ones with humidistat and direct drain. no one will walk away with it. 300lbsdont just open window unless dry air cat 1 wind blowing straight in.it wont remove moisture only feed it. i use activtek  air scrubbers secured to a bracket holding plate. it kills protects 2000-10k sqft of mold bacteria, and reduces moisture as its byproduct of technology esp basements.

I am looking for a referral to a cost segregation study to be performed in local Kansas City market. 

I have paid a security deposit.

Anyone who simply wants to be a lender gets a mortgage against the property as security for their loan. 

However, in the scenario you described, it appears there will be a first mortgage in front of you, reducing your security/increasing your risk.As an investor, if you are putting in 50% of the cash required to close, you should expect 50% of the profit on sale. 

Anthony McEvoy getting a statement of past performance on deals is definitely a possibility.

Do you have a large security deposit?

Another way to say it is they CAN call the note but they don't have to...We have done a lot of seller financing deals, a large number of which were wraps and we have never seen a bank call a performing note due. 

So, starting with LLC and testing your performance would be good before electing S-corp because S-corp comes with little administrative tasks such as payroll and its own tax returns.