That lender is also notoriously higher rate generally than market

I especially suggest that if you choose to landlord in Barrie because that town became rather notorious on another landlord forum for its problem tenants.

Maybe for an apartment syndication or $100M development, but buying one-off turnkey rentals is an asset class that is notoriously difficult to derive profit from and impossible to scale (scaling will just magnify your losses here anyway).

I like this because it tells us what the average cost per unit is being sold for by each unit. 3 units are notoriously high.

C and lower properties are notoriously difficult to manage--even for an experienced property manager--and even the most experienced real estate investors tend to avoid C and lower properties for this reason.You asked whether the properties might ever "turn around"...if they are in C or D areas, this will be an uphill battle (you can make a property the nicest spot on the block, but you can't transform a C area into an A neighborhood). ...talk to local agents and PMs about this question, and you'll get a better idea of whether it's possible to turn these properties around...Buying a portfolio of C/D multifam properties with no prior REI or property management experience is a bit like trying to surf a 50 foot wave before you even know how to swim.   ...so, don't be too hard on yourself, but also try to learn from this--if you're a beginner, start off with a beginner-appropriate strategy.You mentioned that the properties are producing tons of unanticipated expenses--if most of the expenses are unanticipated, that means there was a failure in the due diligence process (proper due diligence is one of THE most important parts of REI).

The breakers are notorious for not tripping when they should, heating up, and literally burning houses down.

I was in a similar situation waiting for NYS ERAP for a tenant, they're notoriously backed up and after several months... my tenant's file was denied. 

(They are notoriously hard to sell)Or you could try and rehab a place 18 states away and wonder why it didn't work later.

THis bank is notoriously ineffient and cant' do much of anything right.

Noble north from Monticello does have good places as well but it's East Cleveland schools with Cleveland Hts property taxes (notoriously high)Leave these areas for local investors, don't get yourself into trouble.