You need to be extremely thorough with your scope of work, and unfortunately the sun porch was not salvageable, but fortunately the contractor helped knock it out of the park and the home looks amazing now!

Cash flowing in the type of market we have is extremely difficult, especially with such a small down payment. 

Just depends on how extreme you want to take things.As far as financing, condos can be tough. 

So the probability of someone replacing their W2 income is extremely low.  

Issues to think about are shared walls (if you're renting to nurses they need QUIET in their off hours), parking and how easy it is to get to/from work in your area.

They are just way too slow, unprofessional, and completely incompetent, and it is extremely hard to deal with them.

Some jurisdictions are taking the statewide ADU rules and going much further extreme.  

I just started my direct mail campaign and it took a whole Sunday (3:30-9PM) to do 200 letters and this was about as automatic as the average Joe could get:Printed Yellow letters using Officejet printer (Paper from Amazon)Printed envelopes using the same printer (Envelopes from Dollar Store)Bought 400 forever stamps from the Post Office to create the "genuine" effectStill, folding and stuffing papers was an extremely underestimated variable.

Gym, quiet spaces, child care, etc. - just some options and thoughts.

Quote from @Kyle Deboer: Being a beginner, the only markets that I am really tapped into at the moment are all extremely mainstream (zillow, realtor, etc.) and I see everyone saying I should learn to tap into underground markets but I can't seem to find anyone explaining how...