Here's my observation.The more educated/intelligent the tenants are the easier they are to deal with. 

You have objectively looked at your situation, but what you missed as positives are...time, which you have...energy, clearly available...desire...intelligence...realism.  

If you do not do this, the years after rehab will reflect an artificially high return and 8 to 10 years later you will project an artificially low return. 

That's quite a large decrease especially considering that $1 in 1982 would have the purchasing power of about $3 in today's market.One explanation could be that Interest rates were artificially low for a long time (until recently) which may have diminished the need for seller financing. 

A Catch-22 rental is an under-maintained property being rented to the poor for artificially low rent rates where our poor residents can live without subsidy, but at the cost of their health.

I went to private universities where my intelligence and hard work gave me a nearly free ride.

But when i attend an educational event, I expect to leave with information that I can apply to improve my life even if I spend another dime.I later discovered that The Rich Dad company had merely licensed it name for marketing purposes to Wealth Intelligence Academy.

Great intelligent question!

I want to be able to intelligently and nicely tell them NO.... :)Thanks,David

A little BP Quick Response Team on standby ready to jump in behind enemy lines and gather intelligence or any mission specific task.