Consider, Cost to turn the unit, cost to advertise, down time, and chance next tenant would be any better than this one.I think your late rent issue a few times is small compared to what you could end up with.M2M and let her ride. do rent increase in Spring so your chance of turn will come at better time for you.

We used our maintenance guy for most, but he had a full time job so it was mostly nights and weekends, so downtime was a huge issue.  

So essentially I would like to funnel all of my cash + future cash towards building a rental portfolio and flipping homes during the downtime at work (storm season starts around march and typically ends by November).What do you guys think?

I actually switched over to driving a limo giving me more down time between the rides for a better pay and miles on my own car.To not pay half mill for a place in Studio City is going to be a tough find Id think.

I need to learn about the numbers and the more detailed things which I will do since I will have alot of down time and I listen to the podcast on my 9-10 hour drives every single day.

You generally try to get enough of a fee to cover so many expected months down time to get a new tenant until open and paying rent, expected leasing commissions needed, and attorney legal fees negotiating a new tenant lease, along with the attorney fees for negotiating the termination, as well as tenant improvements.So you might go for it 400,000 left on primary term 100,000 or something like that.

Using VA funding = fixer uppers may not be approved by the VA Firefighter working 72+ hour shifts = not a lot of down time to finish major construction jobsLooking for $350k < Want to purchase ImmediatelyMust be some kind of house hacking situation VA loan for primary residenceMulti Family =< 4 Units I see all these success stories here on BP and it blows my mind! 

REIFAX and REIKIT definitely look like tools that can help cut down time on research.

This avoids down time for the tenant and no urgency for me to do repair.

Do you have enough reserves for 6 months of down time?