Not all brokers are equal...Generally, license renewal and continuing education must be maintained regardless of sales volume. 

My question is, is it better to divide ownership equally among the units so each owner has equal say, or is it better to divide ownership shares proportionate to their unit size?

Compare both the images/video and if the property is equal or better condition then the last months rent will be dumped.Take off X amount of dollars in rent per month for no neighbor noise complaints.Agree to not raise the rent prices if the tenant agrees to upkeep property to your standards.Give a stipend for all repairs done by the tenant with your approved contractors.These are just a few of the ideas that have been bouncing around in my head.

Fannie Mae basic requirements want you to have a net worth equal to the loan amount and also have at least 10% post closing liquidity.

The A/C is set low and is always running, and its always dark inside because the lighting was originally designed just to supplement all the light  the original double-glass doors let in.Not all service station minimarts sell equal amounts of convenience food.Invariably, the worst places are located in a food desert and run by independent operators.

Although I am too young to buy my own property I'd love to jump in a gain that crucial hands on experience that no book can supply.

The rehab cost needs to equal or exceed the purchase price of the house (however, you can exclude the value of the land in that calculation).Yes, you need to buy through an LLC.

There shouldn't have to be cash flow manipulation with the S Corp distributions -- a seasoned mortgage broker/banker will see that both Johnny and Sally are equally qualified for a mortgage.Basis in S Corp stock needs to be tracked to watch out for taxable distributions from the S Corp, among other things. 

That seems like a very round number and I've never had taxes and insurance equal each other. 5% vacancy means that only 1.6 units will be vacant on average throughout the year.

And of course you've mentioned here that everyone else who rents from you thinks that this electrician-of-obviously-questionable-competence is God's gift to alternating current.A does not equal B does not equal C here.The windows...you can't rent a house with busted windows.