The usury rates vary a lot by state and by deal, so I always advise people to talk to their attorney in that state. 

Is there anyone that could advise us or work with us to make this happen?

This market is huge.My only advise would be always searching for deals and running the number using the calculators the BP has.

Depending on your property's location, setting a minimum FICO score is advisable.

Any advise is appreciated Sounds like a great find. 

•Adjusting bookkeeping records to align with Generally Accepted Accounting Principles (GAAP)•Analyzing financial performance and advising on business decisions•Preparing and filing tax returns (if properly trained)Credentials:•Typically hold a degree in accounting or finance•Some may have certifications like Certified Management Accountant (CMA) or Enrolled Agent (EA)Caveats:While accountants can generate financial reports and file tax returns, they cannot represent clients before the IRS.

I need some advise from you all before i move forward.How do you make the mortgage payment?

I really advise doing everything you can to be on the same side as your residents and to be aligned with them, but some of them may not hold up their end of the bargain.

I would strongly advise you to pay a visit to the City and walk/drive it with someone who knows the various neighborhoods and property values.Much of our multi listings come tenant occupied.

I wouldn't necessarily advise selling unless you have another investment lined up that you can 1031 into.