Have Cousin Earl's LLC buy the first one all cash for an inflated price, basically do anything humanly possible to get the first batch sold for as much as possible in nominal sticker price.

The No money down would be a possibility if the ARV is high and you refinance the property. basically a BRRRR.From the numbers of the cost and income at say 5%-5.7% interest rate I don't think the property will cash flow before Tax if your debt is $670k. did you run the numbers in a calculator, working out the NOI etc?

The escrow company charges around $100/year and then they handle the property tax and insurance payments, late fees, etc.We put about 10% down, which basically covered his commissions and closing costs/taxes.

We do not currently have the funds to absorb a failure of the heating system, but there's enough income to budget 10k annually for capex and still hit a 10% cap rate, so it's something we could remedy within the first year or two.I reached out to a business contact and asked if he would secure contingency funds in exchange for a percent of AFFO (basically, we'd pay him a portion of the income in exchange for the right to use him as a private lender in the event that one of the systems failed before we replaced it).

Mine was rented before I bought it basically. 

Having a few rental properties is just a basic return with 4 schedule E's.

basically consolidation is where the market is basically just going up and down without no clear direction.

Now what I find very interesting and to your point is.. there were over 200 post congratulating this person and basically saying cant wait to do the same thing.. that was just incredible to me..  

I know bugs can be a pain in the butt to get rid of, so I think its fair to basically put them on a cleanliness probation of some sort.

Suggestions and basically If I have a checkbook are there any issues I need to watch out for?