My parents had to stop paying the mortgage and I could feel the stress radiating through the home every time I visited.

So I did not pay extra for it, but chose it anyway over other places.

Ran the numbers through two different spreadsheets and am very aware of how much we'll pay to the PM.

They sent a new contract trying to bind me to still pay $200 per month, which I refused to sign.

@Dillon Clark-don't pay extra down on your mortgage-don't use a HELOC-save up as much as you can-hope this helps

It seems more your fault for choosing the "lying" contractors from the tenants point of view, if you ask them to pay up, I'm sure they would.

We’ll pay to get it fixed that’s not the problem.

The reason I say this is that with a 5+ unit a lender will evaluate based on NOI and a cap rate, so adding a 5th unit COULD (or could not) substantially increase the value of the building and make it worthwhile to refinance and pay off the existing loan (that is tied to the "old" quad) anyway.

Push through it, you may even need to have a second, consistent paying job and thats OK, until you get established.

@Michelle Hardy Just adding, check your local city too for their requirements, many have specific requirements that the state may not have.Here in VT in the towns my properties are in, there is not a requirement to keep them separate or pay interest.