BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it. 

It’s been a long journey to get to this point, and we even had a failed attempt with another PMS (but I’ll keep those details to myself).

Even if you aren't into creative finance, stay away from rough neighborhoods.

So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.  

So even though our right better get half back then none and or be in the hole like your experiencing.

- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.

They just passed another conservation ordinance for rural, and if you want to even add an addition to your property within LG city limits you've got to cough up 10k for the general permit alone. 

It might be best to consider wholesaling it and letting someone else finish the project, break even and move on.

As for meeting local wholesalers, networking at meetups or even online could help you connect with the right people.