We also have some buildings that are single family conversions not built with seperate utilities. 

Besides the stress, the other main factor that I want to point out is- time and use of money.Wholesaling would have been much faster and that money could be used for the next deal faster.

I find that amusing as I was told I was buying the last “two” buildings and I better hurry or they would be gone.

Quote from @Joshua Tucker: What specific tax benefits can high net worth individuals receive from building real estate on tribal land?

There are really great REI opportunities in different markets - markets in the Midwest and Southeast of the country are particularly lucrative - where not only are the purchase prices reasonable for most RE investors, but the homes are turnkey (new builds or completely rehabbed homes, tenant ready, systems 10 years of life remaining on them, property management teams in place) with appreciating home value AND appreciating rent.

This is very useful.You could build a deck or gazebo to house a hot tub.

Real estate is one of the most powerful wealth-building vehicles—but only if you know how to play the game. 

There is a barrier to entry, and the city is pro business, but our market had much better metrics.Lower entry points should not factor into getting in a market.

That is $19,200 annual profit so you would be -$3,200 in 1 year with no factoring of breakage and maintenance.

Build up job skills, build up savings, and increase your W2 income.