The real problem comes in when the unexpected happens, like a roof repair, or a boiler replacement, on top of the negative cash flow.If it was me, I would try to save more, take out less debt, to help with cash flow.

If you do decide to proceed into investing, this will open to a realm of achieving financial freedom and slowly accumulate your rental portfolio, so that you can replace your active tech income from your rental income.

@Naveen kumar VadlamudiHow many square feet for the building, and do you know replacement value?

We have cracks into our ceiling and the drywall needs to be replaced. 

We have decided to go with the renting route, but we feel the mud needs to be replaced with something more appealing.

- Does the "final inspection within 1 day of closing" replace my initial inspection contingency?

It was an older home from the 1950s we had to replace elctric plumbing and all dry wall etc. this house was a complete gut but we didnt buy it knowing that.

They expect us to replace lightbulbs, won't change furnace filters and we also have lawn maintenance issues with them.

The house needed more work than I initially thought—especially when we discovered the entire plumbing system had to be replaced from top to bottom.

If you have a 110 volt connection you should consider replacing.