Then you’ll wipe out 4-5 years of cashflow and still have no appreciation. 

If there is little or no appreciation, every investment dollar must come from your savings.

NO house layout is designed for maximum revenue. 

Most of them just hire a key employee to run the technical work.

So basically no money out of my pocket.

The rehab took 5 months and I did 90% of the work myself, saving $30k but losing a lot of time.

I'd also partner with a lending company that understands how this is going work, and what your plans are.And last, but not least, I'd partner with a CPA to help navigate you to the ways of working this properly. 

.- Analyze Comparable Properties: If you’re working in a specific market, reach out to other landlords or property managers with similar assets.

By no means cheap but solid rent + demand, fun place to live, decent inventory (relatively speaking), and is still commutable to the city. 

If the numbers work, the numbers work.