I guess I was looking at this as a low-cost of entry type of property that could provide some cashflow.

It is not a strategy that I particularly like, especially when you are low on cash.

It's very hard to win with low money down in Northern NJ.

One unit is occupied by a low-income senior not on the Housing Choice Voucher program and paying well below market rent.

You decided to invest in a property in a low income market.

They have several other LLC's such as Home Partners that purchased properties at low prices and then quit claimed them to Guardian and then Guardian sold them to people who needed to 1031 exchange money into another property.

Yes starting out there is a low dollar per hour but at some point it needs to be worth the while - as you could be spending that time doing something more profitable.Not saying to give up by any stretch just saying make sure to re evaluate consistently to put the best strategy together

I've had low returns but in general all have made money.

Which is its a low cap rate deal, you might need to put 40% down in order to meet the banks DSCR loan covenant. 

Given the high interest and the purchase price isn't low, the cash flow won't be as nice as my other rentals or other options in a different neighborhood.