First question is how much do lawyers normal charge to make sure the deal is structured correctly?

In reality, the simpler the structure, the better.  

Also, because the structure has been vacant for a while, it attracted bad elements and voilence.

Most only show partial information and you have to go physically to the court house (or hire someone) to get the rest of the info and print out pages if necessary,  If you cannot find it on the website call the offices.

Also the blue plastic and the cardboard structure underneath it is an eyesore, I don't know what it's for but if it's a camouflage like for the trash and recycling bins I would build a partial fence structure with a opening that you can close to hide those, and to match the fence around the the property.  

The way I market the property and structure the lease all tenants have paid online - none have elected to mail their payment though they have the option to.If you are used to another system it will take a while to implement - however it's fairly intuitive.  

A roof is part of the underlying structure and is therefore depreciated as the underlying structure is, which is 27.5 years.

As long as I end up with a property that is structurally better and younger (capex) than most comps and I stay below 75% LTV with good cashflow I think it's a solid deal. 

Tenant shall be responsible for the entire amount of all damages caused by the pet as well as the entire amount of any injury to individuals or property.Tenant is encouraged to obtain a Pet Liability Policy that can be added as a rider to most renter insurance policies.15.Pet must be spayed or neutered.16.Pet shall not create any conflict or disturbance with others and will not threaten any physical harm to anyone.

What I learned was that basically PM is all about policies and procedures and definite structure.