In general, buying using the method you are talking, will yield the least amount of cash flow per month and the lowest returns (other than cash).

To address this many states pass laws concerning the sale of a controlling interest in an entity... so while you may think you've avoided paying transfer taxes that is not always true.People also do this to prevent a property from being re-assessed in jurisdictions where a sale would typically trigger that.

That is the other issue, I can doing the refinance to get the cash out of the property to buy another - BRRR method. 

I have no concerns about her integrity and ability to pay, I am concerned though about the financials and wonder if I should move forward.  

I think the risk is much lower imo since you have a secondary method to screen (S8 office) and guaranteed payments, but that part is certainly debatable.

Is there anything else I should be concerned about or looking into? 

My main concern with it is that area is seeing a massive amount of new construction in both hotels and houses and if the economy gets soft the booking could get very competitive and rental rates could compress and occupancy fall.

Either way, the best method to analyze what is driving the loss to lease numbers is by looking at recently leased up units.

Concerns?

Hello,So I wanted to know what exactly I can ask for the tenants to pay for as for as maintenance is concerned.