Sorry it didn't work out.  Let

You can have positive NOI but negative cash flow (think:  debt service and an unexpected roof replacement costing more than the NOI throws off). 

Unexpected cash calls, short occupancy periods, higher and higher turnover costs are very common when investing out of state - especially when the buyer is looking for higher cash flow.Cash flow is a calculation.  

It sounds like your Realtor is trying to give you a reality check on the market &/or feel you out. Let's

I will pursue that avenue as one outlet.

I could add a new separate switch outlet which would meet code but is less than ideal.

Typically the types that plug into a standard 110v wall outlet are slow, and you trust that the outlet is solid.

Investing $300k to split $75k is not a very good return - this is also assuming that nothing unexpected comes up causing the rehab costs to increase and the market holds level.

Everything looks good when it’s on the other side of the fence but upon closer examination you usually find an unexpected issue that you didn’t plan for or have never really given any thought.  

BP community,I've been running through the BP BRRRR calculator a ton for a few months and keep running into an issue with how the calculator is setup that I figured I'd finally get on a post and see if anyone else is ...