Verify that you can in fact add a structure but I suspect you cannot.Its negative cash flow is far worse than you calculated because your calculations did not include maintenance, vacancies, cap expense, Misc.The reason for the big negative cash flow is the 96.5% LTV. 

Good luck and I am always happy to help if I can in any way...just DM me any time.

I want to file complaints wherever I can in order to warn others.

If you can become an expert on an area by talking to everyone you can in the neighborhoods, you will not only narrow down your criteria, learn what problems to look out for in these neighborhoods, and learn what kind of tenant you will be dealing with, but you may also come across off market deals that you can be the first one to. 

Ask local banks and credit unions if you can. In

You have two homes that are rented at 1,000 and 1,050 a month with 2 year leases.No mortgages on either home.Both houses were purchased and renovatedOne Is worth 135k wIth about 30k equity.One Is worth 130k wIth about 50k equity.Do you sit fat and happy with these two?

You must take the time to study and learn everything you can in advance before you put everything on the line.

Wait for the right pitch...a fat pitch.

Hit them with a $5 can in early morning.

As they say,,,, Pigs get fat, HOGS get slaughtered.