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!

If it was me I would rework the numbers and make the tenants pay for water and trash and bill them separately by square footage since you on't have a separate water meter.  

Point being, to me it still seems like a good deal to close on this property as I could cashflow about 800-1000 bucks per months so if I was left to repair those things (assuming 12-15k in rework) ROI would be about a year or so.