We get to that conclusion by dividing 2095 by 17.88. 

So far you have told us:-It is impossible to sell-It is impossible to owner finance-It is impossible to lease-option-It is impossible to raise rents-It is impossible to do anything that would prevent you from defaultingYou are feeding us this scenario almost as though you want us to come to the same conclusion that you already have come to.

Based on my experience, I came to the conclusion that investing locally is better for me. 

In conclusion, its just business so serve your customer in a way that works for both.

After 40% Tax the cash out is 180K.My conclusion is,if an investor has the 100K to spend on Real estate investing and are really good being a landlord and have a full time job where he does not need to take out money from the RE ventures for living, the best wealth building would Buy&Hold.

I was into this for a few months before I finally came to the conclusion that real estate flipping is too competitive around here to do it casually - I was going to have to invest a lot of time and money into finding houses to purchase, and it seemed a little too much for someone of my limited knowledge in the area.This, then, leads me to my second interest in holding rental property.

What we've come to a conclusion about is that direct mail marketing is part art, part science.

I have done quite a lot of research and came to the conclusion that using FHA, hacking SFH + ADU OR MFH will work for me. 

The HOA email is very long and they address a lot more things that make them draw the conclusion that I'm at fault. 

That debt you don't like on your properties makes you money...as long as you have positive CF.I'm looking at the numbers you gave us:# of Units = 17Property value = $3.6MEQuity = $2.2MCurrent Cash Flow = $8k/monthCF Goal = $15k/month...and have come to 3 conclusions:1 - You have been losing money for a long time...and don't realize it.