instead of spreading out evenly throughout days? 

I’d love to take advantage of a “traditional” mortgage (or even FHA?)

There isn't even a question.

Should I go through with taking ownership of the property and try to salvage it for profit or do I refrain from even involving myself in the situation as it may cost more than it's worth to save it?

He even asked his assistant if he could get the chat turned on.

I don't even know what you mean.

hey hunter, best of luck on your journey. make sure to go to all networking events in the area and possibly even starting your own to start building footprint in the area.

If you reduce to $2,300 and are able to fill the property faster, yes, you are "losing" $100 per month, but even at that rate, it would take two whole years to equal the loss of the $2,400 vacancy month.

The saving grace is that it was purchased cheap a long time ago and will still either cash flow or yield equity even after repair costs

I would highly recommend a mentor or even paying a coach to get started.