Secondly is to outsource everything to a professional so you are basically acting as the developer/project manager.

I would not sell unless you have another place to move that is basically paid for.

Here are some basic facts:Initial cash invested: $120kYear 1 Cash Flow: $12.3kYear 2 Cash Flow: $8.6kYear 3 Cash Flow (YTD, 3 months left in year): -$4.5kCurrent equity estimate (net of expected selling costs): $102KMortgage rates at or below 3.75%CapEx uncertainty: HVACs will likely require replacement within the next 5 years and one of the  roofs is nearing 20 years old.Market is the Huntsville, AL area.Underwriting hurdle when acquiring these properties was 10% CoC return annually.With a 10% CoC return after Year 1, I felt good about this investment.

I had to basically start from the beginning again bc the attorney I used for the longest time retired and my original post was basically like starting over--creative financing is foreign to most now.

Others basically down right prohibiting investors. 

If they do complete them, it's probably very basic, not taking what your contractor is now advising you into consideration.

Obviously, a lot more due diligence will have to be done, but the basic numbers right now look incredible. $480,000 sales price, and all 8 units are rented out at $750 but could easily be raised to high 800's or even low 900's.

You should know how you can contest your assessed value, especially if you are buying the property for below current assessment.You should understand if there are any tax abatements available today or in the future.There are real estate tax consultants in basically all major markets, or your real estate agent can likely help with some basic questions, as well.

I basically did this with one of properties www.cameronranchglamping.com It sounds like my exact blueprint to be honest.

It's basically a 4x4 that goes all around, and they must have poured the concrete into it, but left the wood.