To calculate the cash flow the property will actually produce use a hypothetical 100% financing to calculate your monthly debt repayment.

There are plenty of degrees out there that are useful in producing thoughtful citizens, but they don't do much beyond that, and therefore, the applicable career path for that skillset may legitimately be McDonald's.

Make sure you actually have enough quality guests and content to produce a podcast.

Given that apartment complexes are priced on the amount of income they produce, how will this property be worth 1.7 million after reno and still have the same rent? 

Any option to subdivide the lot or put something else on it that could produce additional income?

You might argue that it provides the greatest cash flow, but there appear to be more profitable routes on the table.Item #2 appears to give you the fastest rate of portfolio expansion because you can theoretically have 5 units in the near future, all producing rent.

They are NOW business, while everything else takes awhile to start producing leads.  

Two other companies (Cashwell & Sears Direct) told me the manufacturer was no longer producing the part.

I know the area and I am really looking for monthly income which this building would produce.  

My agent told me if and when something happens, I'll need to produce a lease, unless of course the unit is vacant at which point I cannot claim lost income but all other coverage is in place.