So your super basic P&L may look like: $30,000 Rents-$3,000 insurance expense -$9,000 interest-$3,000 taxes-$8,000 operating expenses-$14,000 depreciation ----------------$7,000 loss on paper for the year  so negative taxable income But remember- $14k of that (depreciation) was something we didn't actually spend money on- so cash in bank at year end would be $7,000. 

In the end we had to pay to turn the space back in to a white box/shell and closed with basically zero physical assets.

- And more...Let's move past all of the above and focus on understanding and monitoring maintenance charges PMC's bill to their clients.There are two basic components of every maintenance bill, labor & materials.

This building will basically need a full gut reno. 

Typically, you can only do one rollover per 12-month period (again, IRS Publication 969 has the details).In the end, having the option to invest your HSA funds is usually a better bet than letting them sit in a basic savings account.

So basically wholesaling is really not the wave to go because it's nearly getting banned and there are ppl in the industry who try to **** you up because I have know clue what I'm doing?

And basically I’m just realizing I don’t know how to know if these are reasonable prices or not?

You basically have high growth and low cash flow Columbus OR decent growth and solid cash flow of Cleveland, Dayton, and Cincinnati. 

Basically/Hopefully that is watching rents hit your bank, and occasionally calling a repair service as needed. 

I agree with the comments above.Most important is a fully furnished, comfortable property with the basic amenities: coffee, teas, functional kitchen (all utensils, spices, cooking and baking, etc.)