Would you please explain why the first three will be easy due to he w2 job, as well as why it will be more difficult after that.

There are sold comps in the area as high as 1.7mil,As far as the Repair budget it could potentially get a bit higher however i believe i could get it done for 150,000Account Closed can you explain in further detail the way you ran your numbers i would like to learn more about how you analyzed these numbers to get the 5%

I think it all boils down to your goals & objectives.

New to lease option Assignment can some one explain how to do the assignment. 

Some type of sign that explains this project is underway and I'm looking for more houses to buy.

@Jonathan Twombly   Already explained why LLCs are a good idea for legal protection. 

Sure, we all pay our utility bills but this particular envelope  was coming from a property I currently rent out in a city 4 hours away.The letter quickly explained that my previous tenant had arrears on their account and with the legislation in place in our beloved province the landlord is held responsible for any of their tenants arrears once the utility makes a reasonable attempt to recover the late payments.   

I may be incorrect on this, but that is how it was explained to me.

I was shaken so I told them I would like to meet with them before I accept deposit, to explain the terms of the lease and what I expect.

Stick to your goal and watch out for shiny object syndrome!