On a bright note it is ovens for you, I only needed 1 of those but replaced 3 fridges which cost more plus a microwave, dishwasher, and garbage disposal. 

Please stop the garbage.

But I bet you everyone who is trashing your idea would at least read through your text message if you sent it to them before determining it was garbage.

Thanks In few years having 8-10 properties paid off ( now I have 2 fully paid off and 3rd one coming up) I can care less about 401k and their monthly checks.My family can enjoy thousands of dollars coming every month from rent long after I am gone.I like to be in charge of my wealth all the time and no middle man with rules and regulations is needed.Waiting until I am 62-65 to get checks ,especially for a man ( we tend to live  shorter than women ) is pure garbage.

I never used the kitchen so I don't clean up garbage."

=======Locate the septic feild(s)(s)(s).Have a scientific drinkability test on the tap water for any contaminates.Beware of big (and small) spiders in the basement.9 x 9 tiles are probably asbestos, same for the glue used to hold them down.Wiring and electrical panels may be at end of service life.Florescent lighting may be circa 1960 (I dream of Jeannie) lacking modern non-buzzing startups and be way to many for modern use (electrical hogs).Don't drink any of the water (or even get it splashed on you) without having it tested first.The building may have city water and well combination.Find all abandoned septic fields.Find out if the fire suppression equipment is up to spec with the local fire dept--inspections, types.Without a roof and with many broken out windows insurance may be hard to find.Paint--expect lead (the pealing type) of paint.Assume anything with capacitors-(HVAC, Florescent troffers, Kitchen electric motors, food service garbage disposals, etc.. )-the capacitors are bad--do not turn on until checked by a competent technician.Look for a basement.Look for fallout shelter(s)(s)(s) underground separate from the building (Duck and Cover Turtle era).Look for steam heat system and have it inspected for possible use or demolition.Look for abandoned wells, that may have dried up or were too contaminated to continue use.A phase 1 enviro would have been a good CYA move--you can bet any buyer from you will get one...Pay to have a written professional inspection done of the building to get a consolidated look at the things you will be facing.

I have 2 comments that might bring it a little closer.1) Garbage is listed as $252 per month which seems very high unless this is a large multi-family where you need a dumpster each month. 2) Maintenance and Cap Ex would be fine at 5% of rent or $157/month each.

At our last eviction in FL, once the neighborhood, and passing strangers, took what they wanted and all that was left was garbage (the tenant never came back), it was our responsibility to clean it up. 

I'm trying out DealMachine, and while I actually quite like the interface, I think the sample templates they provide are garbage.

Ice, vinegar, lemon peels, bleach treatment for garbage disposer.Inspect septic tank if you have one.Ceiling light fixtures and fans probably have dead mosquitoes and other bugs up there, clean that glass shade or at least use a compressed air canister to blow them out.