I recently just got the deed to a house that appears abandon but it has a no trespassing sign!!

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Tenants appear to be great people and are paying rent. 

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Check this link.MACOMB RENTIt appears your area has 325 properties for rent. 

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I realized that, and avoided that situation.On your end, it appears you didn't quite accept that sometimes ... there are problems associated with being a landlord. 

Hey guys my name Is Lance, I'm a real estate investor in Cleveland, Ohio.I recently put a multifamily property under contract that from all the numbers, appears to be a KILLER cashflow property.I'm asking 88k for a 4 unit property that consists of 2 Duplexes with their own parking and everything.

It would appear to me that, on the contrary, IRR is a great tool (but not the only one) to assess an opportunity as a whole as it benefits from many advantages: it values time and takes into account leverage, cash flow, debt repayment, inflation, appreciation, etc..Regarding the second mistake, indeed for a certain initial equity, the size of the investment is significantly different.