Quitting your job to do real estate full-time is obviously attractive.You could listen to all of us telling you not to do it, but sometimes you just have to take a chance and make the best of it.There's a lot of successful people that didn't know they could fail and succeeded despite the odds.

You can obviously search on threads that are about our local area, but many people do not post, even if they are "on BP".

The total for all these expenses were approximately $18k.Thank You.

But it should be obvious... live where you like but invest where it makes the most sense.Sometimes that answer is the same, but often it isn't for a variety of reasons.

Obvious I know, but just wanted to call it out if that discussion hasn't happened yet. 

This test ensured that 75% of the total monthly rent for the building would cover the mortgage, taxes, and insurance on the property.For example, consider a three-family property generating $2,000 per floor, totaling $6,000 in rent.

It's still not a total loss though, I'm still going to get most of my expenses paid on it, just not all of them now. 

The KEY AT THIS POINT IS ESTABLISHING COMMUNICATION with the tenant because a great option could be cash for keys as @Sean McKee mentioned, but you can't do that without having a conversation.During these challenging times I try to remind myself that the tenant is obviously going through some seriously challenging times and no matter what landlord problems are still "good problems" to have...

The cost to remediate is a total of $3,965." !!!!!!! 

I am looking to buy this property on a 50% total occupancy outlook.