What I do understand is that through you or your family’s initial efforts, and now the compounding effort of your capital, my self and everyone is left with opportunity and a blue print.

I'm interested in partnering with locals and building new and creative ways to build equity and compound my investments!

Perhaps the loan calculator is using compound interest instead of simple interest.

They fixed the front door NOT the back door and now the back door to your compound isnt latching properly?

But I think you're right - - That's not much money to make while enjoying the hassles that come with dealing with tenants, repairs, etc.I would say that it's a lot of money to LOSE for the privilege of dealing with tenants, repairs, lawsuits, damage done by tenants, evictions, government ignorance, etc.The good news is that you found BiggerPockets before you actually bought something and lost a bunch of money!

Interest is not compounded.

We have always used a realtor and enjoy the "privileges" that being unlicensed provide. 

It's simply called "floor leveling compound" and Home Depot should have it:https://www.youtube.com/watch?

ALSO, since you have property here in my state, I'd love to compete for the privilege of being your insurance and risk management provider.

So yes, it is important to check the landlord-tenant laws for your jurisdiction.I would not accept the dog, but if you do, get the maximum security deposit that the law allows, charge additional rent for the privilege of keeping the pet, and inspect often.