Prepare to loose.

You can stand to make the most amount of money on C class or D class, but also can loose the most amount. 

I use this term "business" loosely because most people become "owners of a new JOB" and not a business depending on how you operate it.

I know I'm loosing money on this thing, but decided that this was going to be a learning experience.

For example, you might find that the $900,000 the seller needs is just to cover his mortgage so he can cut the properties loose and move to retirement.

@Chris Carson I believe 06, 08, 09 for investors is to fix those properties up so it can get approve for section 8 vouchers only and if they do damage your place they can jeopardize loosing their voucher.

If it means you loose 1/2 of the amount that was not performed, but you get the rest, do your numbers make sense to move forward if this is the case?

(https://www.biggerpockets.com/forums/88/topics/485...)Here is some helpful link from BP that might help you, but personally I would talk to a lawyer/Attorney to make any final decision(s) that way you do things right and you don't loose money....https://www.biggerpockets.com/renewsblog/2015/09/2...https://www.biggerpockets.com/renewsblog/1031-exch...https://www.biggerpockets.com/renewsblog/2015/12/1...

Impossible to say for sure without seeing a picture but most likely there was a loose connection at the screw terminal where the supply wires attach to the breaker. 

Otherwise, you will end up loosing your property to the tenant.