If he doesn't have regular paystubs, you can still request proof of income such as bank statements or tax returns.

Remington solid investment, less return much less risk.

All that does it move the effect of the CapEx from the NOI number to the Cash-Flow, Cash On Cash and Internal Rate of Return numbers.

the annual fee and the travel and time commitment was easily 30 to 40k .. a year. 

If it falls short you might have to put in expensive  upgrades for them.With national tenants you have to analyze what you are getting versus what you are giving up in return to see if it is worth it or not.

Along came an opportunity through a friend to purchase a house that easily values @ $180,000 for $115,000(purchase price). 

The times I've won they've given me a couple days to sign and return docs along with the deposit/em. 

Based on the numbers you've given, and not knowing what's an average return for your particular area, I'd say it looks like a solid deal as long as...1.

@Matthew RiveraYour current accountant in NYC should be able to handle your PA return as well.

A good company in a strong market should be able to offer inventory with safe and consistent returns.