I wouldn't invest with anyone who's not willing to do make this info available.You probably also want to get educated in how syndication works.

This is common practice as they get you in their doors with a free seminar, then you are pitched some education program for several hundred to several thousand, then the upsell to the “insiders club” for tens of thousands.

I do have a grace period in the lease of 4 days so if she doesn't pay her portion ($300) of the rent by then, I'll add the late fee but could I also hit her with the Pay or Quit notice?  

We don’t want to have to kick a tenant out of one of the existing units and move into it (losing income from that unit) just for the short period of time while the renovation is being done.

Since you are new to REI, the obvious start is with education but I would suggest making some 5 year, 1 year, 6/3/1 month goals with the end in mind (retirement and lifestyle).

I understand I may be SOL, but it seems logical that water damage should have been reported by the seller and their realtor during the period of the property being under contract.

Realistically, I suggest seeing all available, (New, Resales, Foreclosures, etc.) then you have a logical basis for making an educated decision of which home best suits your needs and lifestyle. 5.

Is there a waiting period, do we need to move all properties at the same time, are there other things I need to be aware of?

I am happy to help educate you about the Greenville market.

If you get three fines in a 2 year period, they confiscate your VHR permit.Here's the good news:  http://www.cityofslt.us/index.aspx?