Don't get me wrong, there are some great VAs out there, but you have to find them, train them, monitor them and pay them well for them to produce anything above mediocre results. 

If not, you can't go wrong with the big companies like Ticor, Stewart, or Chicago Title.

We could be wrong, but it doesn't seem likely.Carini did the math for you early, if after repairs it assess for 240k as you suggest, you'll be able to refinance and pull out 187k, of which about 116k will go to paying off your previous mortgage leaving you with 71k to go plan your next move.This is very compatible with living in the house and getting roommates. 

I don't know what I'm missing here, am I simply in the wrong market to flip?

What's much more dangerous is coming in with guns blazing and getting yourself on the wrong side of a lawsuit.I have an admittedly small sample size of one with respect to inheriting existing tenants.

May want to post a reddit/syndication threadGenerally speaking Paul you are not wrong but these two portfolios have equity left. 

Lastly, I would try and manage yourself if the coa takes care of everything outside, this will allow you a cushion in case something goes wrong.

Your CPA is both right and wrong.

We found more and more issues wrong with the property like the plumbing and state guidelines.

Maybe they operate in multiple states and are applying the wrong statutes to your property?