When the new property is stabilized and cash flow is established you can then focus on buying down the equity position. 

I am eager to learn and have some background knowledge with the industry but still have a lot to learn.

A lot happens behind-the-scenes, so the established relationship there is paramount to smooth communication and an efficient transaction between the buyer and the seller.

Once panel is installed, Landlord will provide written notice and Tenant shall have five business days to establish their own utility account.

There's a lot to take into account so maybe chat with a landlord or GC from that area.

Better hurry because you have a lot to get done during your inspection/feasibility period. 

(Before that I was a bartender at the same establishment for 8 years).

As for those asking for Clayton (Morris) to chime in...he and his wife just had a new baby 3 days ago so they're probably a little preoccupied at the moment.So big thanks to ALL here on BP for being so helpful....us newbies have a lot to learn and we appreciate your patience.The good news is that while I'm over 50, I just read Rich Dad Poor Dad and gave it to my 20yr old son in college and he read the book in 2 days and the two of us are pumped to both getting started...luckily, he's young enough to have time to build up his investment experience with a lot of time....me..I'm running a sprint!

Quote from @Frank Jennings: Start the eviction process. https://www.nolo.com/legal-enc...I would reach out to the Tenant, in writing, with a list of the violations (failure to pay rent, failure to pay deposit, failure to establish and maintain electric).

These plans typically cost a bit more to establish due to the legal work, but in most cases will save you considerably over the long term.