Cash-on-cash is your only metric here that may matter, and it's simply for comparing properties side-by-side and asking what the best use of your limited dollars is...Anyway,Your closing costs will be closer to 2% of the purchase price: $5,800 (unless the seller is covering this...if so, good job)Repair cost of $1,000 won't do anything...contractor fees will eat 50% of that...if you are renovating, you need to renovate to drive rents...$4k per unit will maybe do paint and carpet...a few fixtures. 

I would suggest getting subs into the project to bid sooner rather than later, you can always bring them back to make edits to the bid and this allows you to get multiple bids from multiple subs for each individual job spec to get the best price or terms.

I look for someone to do X job for $y.

By doing this, I left my job and the industry I was in because I disliked it and became a real estate agent.

Well, my tenant may be getting a better job offer in another state, and he has 7 months to go on lease.

People lose jobs, people split up, people get sick or in an accident.

My father got laid off in May and due to his age and high level of expertise its really hard to find a corporate job.

@Reese Barker I think a lot depends on what your good at and what you like to do...If you love your current job and make great money, then investing your 100k passively in a syndication is a good idea.

Despite having a solid track record of analysis and execution as well as the ability to personally guarantee loans due to a fantastic W2 job, I am struggling to raise capital apart from banks.I would really appreciate some insights from those of you who have felt this same frustration.

The real property (structural components) doesn't qualify for bonus depreciation and would still have the 27.5 year for rental and 39 year for commercial property depreciation schedules.