In the cities the government got involved in housing and low income housing was built for poor people.

@Nate Jenks - @Andrew Postell did a great job clarifying the big challenge you'd run into pulling cash out with such a low down payment. 

Next is probably his book on Investing with No and Low Money Down.

I'm keeping this property for the appreciation (in a high demand area with great schools) and low interest rate for now.  

Pretty normal numbers for low income duplexes in Cleveland.

The accounting software that you choose should not impact your relationship with your accountant as long as you can provide them a report that is easy to read and understand.I would suggest, if possible, to change softwares at the start of a year as it would make things easier.Furthermore, make sure you to carryover all balance sheet ending balances to your new accounting software.Best of luck

A borrower must choose his or her own contractors to perform the needed renovation.Ø All Contractors participating in the HomeStyle Renovation Program must complete a Contractor Profile Report.

A total cost of 6.3Mn over 23 units equates to 274K/unit...this appears unbelievably low for San Diego...I'd want to see full development budget detailing hard, soft and financing costs as well as month by month projections showing construction and lease up cash flows.What's the 2.2Mn purchase price for?

Low crime, steady employment opportunities in the surrounding areas as well as Appleton. 

I bought it about 9 years ago as a primary residence, which keeps my taxes low.