Will cash flow $128.79 according to the BP rent calculator, and will easily comp out at $235,000

Where is it located?

The typical rent collection sites are not what I'm looking for. 

A real basic guess is 30 houses each cashflowing $1,000/month.In Metro Detroit, this means $1500+ in rent, with the difference convering taxes, insurance, maintenance and vacancy - NO MORTGAGE!

You have enough to buy multiple rent properties. 

Me and my partner moved from Utah to Maryland for school recently and we have a townhouse that we are looking to rent. we are currently remodeling and changing a few things before renting. what are the first steps to change my primary to a rental I lived there for about two years.

Turning a dining room into a bedroom can be as cheap as $2K, add $600 in rent, and create a value of $75K.   

In Carson City, $1.2M for an 8-plex (assuming $1,200-$1,500/unit rents) works out to a 7-8% cap—solid for NV, where turnkey multis are gold.

You could look for properties that are already getting solid rents in one of the units. 

market rents/cost to aquire What was the outcome?