I'd recommend recording the lease signing so that they're on camera/audio agreeing with the rules upfront

- Are there overhead lines in the path of travel?

I worked for a Home Medical Equipment company and traveled to patient's homes in Middle TN.

All security instruments should be of record.  

A big financial hit personally (to the tune of $15K/mo), or a hit to my excellent track record (which facilitates my livelihood) and a loss to my investors.  

Plus you would have more credibility/track record with a syndicated $4million dollar than simply owning something outright. 

If you plan to proceed with the new construction, then partner up with someone that have already gone through this process a few times (and check his/her record).  

Still, current projected rent is $3,200/month.Current owner (in keeping with the deferred maintenance theme) has very few financial records but does prove up the following actual numbers:-Property taxes, $1,900/year-Insurance, $2,320/year-Owner-paid utilities, $3,429/yearEstimated:-10% vacancy-10% management-15% for maintenance/repairs, and -Reserving $700/month for CAPEXBOTTOM LINE is $34,560 net rental income less $24,700 expenses = $9,900 NOI.Offered $95,000 with $10,000 reimbursed at closing for immediate CAPEX (roof and A/C units).  20% down, loan on balance ($76k) at 6% for 30 years.Cap rate with $400/month rents is 10.1%, cash ROI is 20.3%, and annual cash flow is $4,400. 

Sounds like they used a lot of the strategies traveling Gurus teach!

They are way easier to work with in my opinion and as you grow, they will be more willing to be creative with your future deals if you keep a good track record.