But can anyone here actually speak from their OWN experience as to why NWAC is bad?

Once it's placed into services as a rental, the property taxes will be a rental expense.I agree with Gregory above and speak with the company he has his mortgage with.

Right now, I concern myself with the quality asset.

If you need to get it rented fast, a great property manager would list the home for $2100 (below market) and get several quality applicants competing against each other to drive the price up to the max so you don't risk vacancy by starting out too high and gradually reducing to find the sweet spot.

Quote from @Simon Walker: Quote from @Andrew Syrios: Could you "split the difference" so to speak and go back to work for yourself but limit the number of clients you take on so you only need to work 20 or so hours a week?

I am open to Real Estate in any region.I am willing to speak and connect with everyone.

I also recommend speaking with several insurance companies to confirm you are getting the right answer/price.

This is where you can significantly increase the value of the property by making improvements that attract quality tenants and justify a higher rental price.

and you will have many many applicants assuming the quality of the rental and the rents requested.  

@Melissa SejourRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?