Downside is good cause eviction law passed back in the fall.

I am afraid we will fall for a property with a false sense of a good deal.Are there any suggestions to help me run an analysis that would better account for the larger down payment and allow me to better analyze potential properties in the future.

Listed a property in the fall here in LC and barely got any bites.

Having been involved in various industries and businesses, I’m well aware of the pitfalls, and not falling for the “get rich quick” schemes like buying Section 8 housing using gimmicky software.

I wouldn't fall for any deals in the D or F areas where the prices look like steals...

In some instances the select few who fall under this category will build for themselves and if they were to take up 3rd party work they would want upside.

Then a "surge" when the tenant paid up months later bc usually a tenant has to not only fall behind but MONTHS of rent have to go largely unpaid to warrant eviction.If the P&Ls were "doctored" by the seller, that seems like pretty big cause. 

The mortgage would prob fall around 1600-2000 range.

It’s considered an act of god if a strong wind blows down a healthy tree that nobody expected to fall, but if a dead tree has been looking like it’s about to fall for awhile and the owner has been notified of the hazard it causes, then their inaction can cause them to be negligent in addressing the hazard, and they may be found to be liable.

If the R2O buyer gives notice on their current place and your deal falls through at the last minute, those tenants would be scrambling to look for a place to live.