The flipping calculator is similar but goes into a little more detailMy final piece of advise is to make a concerted effort at defining your investment strategy.  

Hi all i'm new to the community my name is Miguel and i'm looking forward to learn with all you guys about the beauty of real state. a little something about me, i'm 37 years old i'm a proud father of 2 boys and 1 girl, as well a beautiful wife, i love working out in the gym,running playing basketball and really anything that can improve my healthy life style. i work in the construction field doing office work, yeah yeah your typical 9-5 only mine is 6am to 5pm yes long hours and i'm tired of it. being doing it for 10 years and i believe there something better out in this world for me and that's one of the reasons i decide to give this community a try. i'm not that far behind on the real state me and my wife bought our first one and only home 9 years ago a multifamily home and we being leaving rent free. but now its getting old not knowing whats next and how to provide some freedom to spend more time with my family. i always like real state but never gave the proper effort to learn more about it and to stretch it to the max. so that's a little about me i'm sure i will meet a lot of awesome people here and i'm looking forward to it, anyone from new jersey i'm here if you like to go for a jog or grab a cup coffee.

You need to establish a written history documenting this problem and your efforts to mitigate damages.

The main thing is to know that the two options you present offer completely different levels of time, effort, skill level, and risk.

Takes a sustained effort to get on that first page. 

It looks like you pasted the marketing copy of a guru slide deck, removed all punctuation, and the scrunched it together:) I hope you put a bit more effort next time into your writing so that you have a greater chance for others to easily follow your coherent arguments. 

I also obtained certification in mitigation for foreclosures, short sales and tax sales for Global Equity Lending and American Home Lending.

You'll spend more time & effort trying to fix the existing one than it's worth.

If all 10 homes go vacant and stay vacant long term, then the global apocalypse will have happened...there are just too many renters right now in the market for this to happen.2.  

I spent a pretty fair amount of time, effort & money fixing it up to something I myself would live in.