Also, I have seen some things about Due on Sale Clause, but I'm not sure how that would effect anything because there is no sale until 18 months later. 

I don’t want to waste time with ”renters only” so the deposit requirement naturally sifts the “renters only” out.

7 habits of highly effective people The monk who sold his Ferrari

@Mike Dorneman how do you manage that effectively when using oil for a multi-family?

Even though your payment will be higher you can do this for a shorter period of time than the 400$ payments but of coarse you may not cash flow any at that point which really sucks .personally  I don’t think this is even a good deal to be wasting time and money on given the risk involved .

I also suspect that you are wasting your money on an attorney right now.

What’s the most cost-effective way to completely remove the cigarette odor from the property?

By keeping in LLC's does that not effect my personal credit and financing capabilities?  

You want to find that out as well, because if you can reduce expenses effectively, obviously you've increased your NOI. 

Do it again to create a snowball effect?