Now, your second BIGGEST problem is that a** roomate.

.- Watersense or other water conservation methods with showerheads (the biggest drain on water bills other than leaks and loos) are often cheap and easy ways to reduce the bill with little to no impact on the tenants' lives.- LLC name can be anything you want, but I'd certainly think purchasing this and holding title as an LLC makes sense for a 14-plex.   

One of the biggest complaints that Ive seen against wholesale deals is that the ARV is way off and this is mostly because wholesalers either dont know how to run comps or dont have the proper tools at their disposal.

Probably the biggest thing they do is negotiate the contract: not just Th e price but all the terms making sure the buyer has exit clauses and meets all the deadlines for those clauses.

Any upside or downsides I'm missing?

However, I was advised to create an LLC and visit the branch in Florida in-person to make the account for the LLC to conduct bank transactions online.The downside to that is, recently I found out that my country (Trinidad and Tobago) is on a blacklist and several banks aren't allowed to conduct transactions with my country.

Under the best circumstances my quick math puts you nearly $700 in the red each month.If your biggest concern is the electrical, why would you assume you can fix/replace everything yourself for only $10k?

@David James your friend is taking the biggest bulk of the risk in IMO.

My biggest concerns are always foundation issues, or a bad layout that can't be easily fixed. 

I am 100% certain my biggest obstacle is finding or hearing about properties before they hit the market.