I bought this property with a private interest free loan from a friend. the person i bought it from need cash fast so i offered them a low cash offer and they accepted.I had enough money saved up to rehab the house with my savings.

Having time to do the work was the biggest benefit.

But in my opinion, the biggest issue I see with folks jumping into their first "big" multifamily deal is the quality of the pro forma. 

I think the property does have great potential, and the biggest challenge is going to be financing.

What I was referring to was that I know two private lenders who have the borrower complete the Deed in Lieu documents at the Closing of the initial loan and then hold them in escrow during the life of the loan.

Tenants also prefer private landlords.  

One option to reach (or exceed) your goal of passive $10,000/month income is investing in real estate as a private money lender.

Explore Potential Funding OptionsPrivate Money Lenders (PMLs): Reach out to private individuals looking to invest in real estate.

But now, consumers will get a check for $13 each and have little force lobbying for private property rights. 

Fro the biggest reason, as you said, you own the home for the Best, First years of its life.