Surely someone on BiggerPockets has been in a similar situation so hopefully there is an easy answer to all of my questions.

Both books are easy reads.

At least the former tenants vacated and left the place in good physical shape. 2:30PM.

It's so easy to second guess yourself and having a pro tell me it's a good deal is very uplifting!

We found placing machines in each unit puts the utilities in the hands of the tenants and makes it easy to identify any abuse to the machinery ... it also allows us to use better, lower priced, equipment.Now, in the larger buildings, its a different story - we have machines supplied by a local company on a revenue share arrangement.

very possible, easy and probible.

Getting a license is fairly easy and not that expensive.

You'll develop a big network which will then make the transition very easy into your other business.

It's quick, easy and you've got brand new finished walls.If you want to consider removal, this is a good read:http://www.biggerpockets.com/renewsblog/2013/06/25/how-to-remove-wallpaper/

House appears to be in decent shape so I just don't get it.