You should have let the deal fall apart *or* had it reworked with only your name on the title and the loan. 4.

The common areas were a mess, the units were a mess, the decks needed complete rework...likely a 20K cap ex, and yet, the building sold for $299K.  

Reworked main unit floor plan opening up walls, adding two bedrooms, in unit laundry on main floor, separating electric and gas, adding second furnace, converting to legal duplex, new kitchen in main floor, new flooring throughout main floor, new plumbing on main floor, cleaned out garage.

Looking forward to becoming knowledgeable of how the numbers for in investing in RE work:)

We were able to basically brute force attack this into the erentpayment system, using the customer service rep to temporarily lower the rent amount due, but it was not at all an elegant solution.I think with a bit of software architecture rework, erentpayment would be the best option out there.

The floor plan and exterior land usage was functionally obsolete but had the potential to rework it and significantly improve the property.

Reworked from the studs up and converted to a 4 bedroom, 3 full bath home.

If you are redoing the kitchen look for displays for sale and rework the configuration.

For myself I prefer keeping leverage on my properties for asset protection, and growing the portfolio by working and reworking the equity every year, but you maybe in a different point in your real estate journey that you are looking for protection and cash flow rather than growth.There are estate planners that can walk you through what entity structures best fit your financial and business situation.

After reading the comments and reworking the numbers based on the advice you all gave me I do agree it was best to walk away and find something else.I am still looking in the Nashville area but have expanded me search around Los Angeles as well.I would love any recommendations on additional resources for me to use when analyzing new deals.Thank you again everyone!