Asbestos tape wrap on joints is probably present so I'd factor in remediation or ask the seller to do it. 

Listening to bigger pockets for years, looking at the forums with people constantly motivating you, I've finally got out of analysis paralysis and finally got a house under attorney review, today!

Two people decided to hold jointly, and one of those people, for whatever reason, be it asset protection, estate planning or otherwise, elected to hold through an LLC.

Does the "valuation" constantly get updated as I buy more RNT shares over my 2-3 years living in the apartment? 

Joint-Venture with a local investor

I've read lots of books and I'm constantly educating myself but I'm ready to put everything into action.

Real Estate Agent: I like the aspect where you can “make as much money as you want” if you put in the work, but I also kinda hate the idea of constantly finding clients.

Cincinnati MHA is constantly monitoring area rents and pay close to market for condition of property. 

Grandma left the property to her 26 children jointly.  1 of them might tell the 25 others, I'll give you $100 each you sign a quitclaim and we record.  

Then there are the scum bags that lie like a rug to the sellers and try to constantly squeeze additional monies from inexperienced buyers after a contract has been signed.