He is telling me that it is my responsibility to pay for a new HVAC unit which will run between $7k-$8k.  

I live in Miami Florida and I pay over $3 per square foot in rent with some going as high as $5.

The property was occupied (still is) with 1 tenant that I am now having the exhausting pleasure of evicting. 2yrs later, said tenant continues to try every angle to delay the court granted Marshall’s execution.The “2nd” floor was poorly renovated (bad contractors), new tenant moved in and a year later, another eviction process has started as they lost their job and refuse to move or pay.Stuck with a very large mortgage bill (that I am paying), utilities and making small repairs to keep the property up also noting the casual 311 complaints from both tenants. 

They also discussed a capital call but instead decided to borrow more money to pay the bills.

I'd purchased it on a land contract, paying interest only for the first 5 years, with the ability to extend another 5 years if I'm not able to find favorable financing to refinance within that time period.

If you think you can manage a mortgage, taxes, insurance and the upkeep of a home while paying your student loans then buying is not  bad idea but if you think you will overstretch yourself renting is nto bad either.

If you aren’t saving the money up to buy another property chances are nothing will pay a higher rate than paying it towards your mortgage.

Or could I 3 properties flow into one account and pay all expenses from there.  

The 70% rule helps investors determine the maximum price they should pay for a property.

english is a little off  a company or a MLO is not a member of NMLS  NMLW is the federal registration for state licensed MLO's or lending companies..