I will list the numbers at the end of this post for any who are interested and are willing to poke more holes and tell me what else to look for next time or what not to do. 

You could actually buy the property and then resell it but with fees and whatnot, probably wouldn't be enough upside.

We all made mistakes when we started so use this start to educate yourself on what to do and what not to do

With a retrofit construction background I have a pretty good idea of what not to steer clear from within this age range.

I thought that you would be protecting yourself from getting sued personally by tenants and what not.

@Stephanie Sicard I use COZY for rent collection and the app STESSA to record any expenses and what not.

There are too many shady people who would use that to launder money and what not so I don't think banks like to do that.

I’ve has people call some of my listing signs asking me for internships  or training and whatnot.

If he does not quit and goes through it, he will be a smarter real estate investor and he too will become successful.His situation is a real estate NIGHTMARE scenario and provides valuable lessons on what NOT to do when investing in multi family.

@Gaurav Bhasin The below article discusses the operating expenses in more detail (what to include and what not to include) and may be helpful as well.https://propertymetrics.com/bl...