My major concerns are cash flow and if my tenants will fork over $200+ per month for electric pre-replacement (i.e. high tenant turnover- I figured 30 days out of the year vacancy which I was told was ridiculously high here but, it makes me feel better).Has anyone had a similar experience to me and your analysis shake out okay in the long run? 

My major concerns are cash flow and if my tenants will fork over $200+ per month for electric pre-replacement (i.e. high tenant turnover- I figured 30 days out of the year vacancy which I was told was ridiculously high here but, it makes me feel better).Has anyone had a similar experience to me and your analysis shake out okay in the long run?

You will bust the S election.There is a (new) loophole created under the Tax Cuts & Jobs Act that allows NRAs to own an interest in an S Corp through an ESBT.May or may not be advisable.Again, consult a competent tax pro familiar with similar situations.

Often times, they actually take away from your settlement because they could not negotiate a large enough settlement from the insurance carrier, but you still owe them your fee.Give your insurance carrier and adjuster an opportunity to meet with you, explain the claims process, and address your concerns.  

While most of our deals are brought to us by brokers, these brokers usually have an agreement or contract with the seller or borrower.Less experienced people trying to ‘partner’ in a deal are worried, and sometimes rightfully so, that the deal will be done by someone they’ve contacted with themselves “cut out”.

While not shooting the idea down, he raised a number of possible concerns about future financing, such as possibly needing additional collateral or proof of other sources of income to justify repeated loans. 

Don't cut corners when this much money is on the line.On top of that you want to do your due diligence when buying properties out of state.

As a result her benefit will be cut about $400/month.Now the woman is really tough spot.

I originally planned for us to work on these properties ourselves primarily and act as GC to get them sale ready as an introduction into being able to BRRRR and/or flip future properties and cut costs on the rehab process (though I'm sure someone will question that logic, I'd like to hear where I'm flawed on it).

@Andy Milby If you are at all concerned the seller may have another offer or try to sell to someone else, you have the right to record your contract on the property.