I mean Joe Montana is a very successful Developer same with Steve Young.. and Ronnie Lott has done well in RE also.but I bought a big mansion that was 3/4 done from an NBA star and he was not business savvy at all.. and on top of that had about 7 or 8 baby moma's all with child support judgements against him ..

If you see someone advertise a listing as you said at $100k with $800 rent that is 0.8% if you read the listing and see potential to get that to a 1% deal with some work, it might be worth looking at further and doing a deeper analysis, otherwise probably not worth the time.

Multiple tenants cannot pay, tons of bugs on the backend, User Interface doesn't load 30% of the time, the support team is based in the Philippines and they have no idea what they are doing just copying and pasting scripts. 

Don’t call the random agent down the street with the company that advertises on TV.

You are also selling your own investment ("should support stable tenant demand"), but what is that based on? 

things missing in your list (everyone manages differently, so take it with a grain of salt)Vacancy rateTurn overbad debt legal fees (evictions as needed)accounting fees for professional tax prepmaintenanceProperty TaxesSales Tax on PM fees (In NM, this is charged, not sure about where you are)Reserves for replacement CAPEX - furnace, water heaters, ac, roof, parking lot, etc.Admin, software, advertising, etc.Cost segregation study for accelerated depreciation captureAs for your loan. 

Little background on him, he’s 20 yrs old, and doesn’t have much family to support him with this decision.

They encourage networking, discuss market trends, and discuss development strategies, aiming to support growth in the industry.Good Luck!

I bring experience navigating complex acquisitions and supporting investor strategies here in Florida's Gold Coast. 

The individual can verify that it is a licensed health care provider, but cannot easily determine if that health care provider is one of the many that advertise on the internet for ESA authorizations for a fee.I personally think the biggest advantage of using petscreening.com as well as enforce AB468 is it discourages bogus ESA applicants from applying.