Some thoughts that go through my head......Who do you contact to get current values, after renovation values to see if this process is even worth it? 

Even though the FMRs are $730, I was conservative and used $600 for my Pro Forma- The current owner hasn’t raised them at all because he didn’t want any turnover- outside of cleaning and painting, no big costs- Not Section 8 

I assure you even with a property manager, it's not passive.Just remember the point is to make money, not to own doors.

You also need to consider that at a lower percentage of money down you will be paying a Mortgage Insurance Premium or MIP. 

I just lost $10,000 in earnest money, will be sued for the sellers agent's commission, and my agent doesn't get a dime.

I’ll bet if Peace has a forum there’s people talking about BP and being negative “what they’re teaching takes so long!!”

I suspect the stock market and or building then selling a bizzness created a big majority of millionare wealth and or just high paying jobs and save your money :)

Had mortgage and note on the property.Buyer failed to get insurance is my understanding even though it was in the agreement. 

You've gotten some good advice above but $100 even seems cheap after looking through these photos. 

But even if you want to do large deals, you need comparable reps.Technology has made it easy to "analyze" deals.