Quote from @John Federic: I ran some numbers for you using the Cashflow Analyzer Pro from AssetAFC.com (see the attached picture).From my perspective, this deal still looks acceptable, even though it won’t cash flow in the first year, assuming a 5% vacancy and 5% for repairs.

I ran a list, skip traced, and connected with the homeowner to educate them on typical paths they could take and work through if any of them were viable in their situation.

I ran the numbers with 11% interest, 1.5 points, transfer tax and 6% agent fees( my landlord would represent from our side) for 345k and 5k for unforeseens.

Some of the main reasons I started this journey is so I can eventually take my family on trips to experience different cultures, help less fortunate people, and build generational wealth. 

@Jeremy Anhalt I ran my numbers at $1200 and am thinking I should be able to get $1,250-$1,300 since the units are really nice and they're huge!

Our ability to compete is much better than the cultures in Europe, Africa and South America. 

Quote from @John Federic: Hey Daniel,I ran some numbers for you using the Cashflow Analyzer Pro ... 

Opt for a property management company with deep regional expertise to get the most out of your investment.Property Expertise: Look for a firm that has experience managing properties similar to yours and is familiar with your asset class’s specific challenges.Company Culture: Choose a firm with a customer-focused culture that values team management and service, as this directly affects property performance.Market Reputation: Speak with local brokers and visit managed properties to get a sense of the company’s track record.By focusing on these factors, you can find a property management company that aligns with your goals and delivers real value.

Local jobs did not care that I ran a successful business for 25 years as there was no specific skill set to transfer into relatable employment.

This is before even the problem that these techniques and strategies work only in a limited number of opportunities, and these opportunities can only be recognized by someone with knowledge of real estate principles, law and finance. interestingly, what seems to sell nowadays is this pop cultural belief that education in anything but specific techniques is worthless; that something called motivation, combined with a positive mindset and an unwillingness to accept reality will triumph over anything else and lead to massive success.