This is the worst investment ever.Or, I buy a property with that 2 million dollars that has positive cash flow of $200,000/yr, or a ten percent return on investment/yr. 

In my opinion there aren’t any “d class” communities here however their maybe some streets that are worst than others.

We began much-needed window replacement with $6000 targeted at the worst most-cracked windows, but we still have to spend about $4-$5000 for a number of large single pane (in Michigan’s frigid winters!!)

Then based on worst case scenario construction costs, I set a max bid for each of the 6 properties that I was interested in. 

Fear is you worst enemy, Risk is your best friend"

I used to not V&M in my #'s and would tell our clients to plug in their #'s, but 10% for both is a good worst case scenario for evaluation and if you like those #'s, then you will be ok.

The worst part of this arrangement is that we took a 100% loan on the property when we bought it and did not get it at an investment price, so we are still making payments.I am now looking to invest in properties without having to take a 100% loan like we did with our first home.

It seems like these tenants are reasonable people, so worst case they will be a little pissed off if you tell them no, and potentially won't renew their lease at the end of their term. 

Thinking that someone else will always take the best deals and give you the worst is going to hold you back from achieving success.

@Noah McBride The worst thing to happen to an investor is to not have sufficient cash reserves to get through some surprises and just plain bad luck.