For example, say it were a 2bd/1ba property, I would just list it for 1 nurse to stay and I would hit my cash flow goal.

It's now converted into a cash-flow positive long-term rental.

Are you cash flowing the property?

If you math it out it is probably unlikely that you will be cash flowing on a property that you are using 100% leverage on from a turnkey company.

Underpriced, underperforming, value add, 20 units, cash flow potential, low risk How did you find this deal and how did you negotiate it?

In Dayton, I find most of my clients like A/B class 1-4 units because they can actually cash flow AND be in great areas.

If you have a flat roof with drains, or a pitched roof with gutters I would ensure either way that the flow of water is un-obstructed most commonly by leaves or pine needles from trees.

recovering this negative position can consume years of the actual cash flow when using realistic expense estimates.  

PLus after the 10 year tax abatement the cash flow will be severly impacted2.

That creates a really nice price / rent ratio which is favorable for investors looking for cash flow.