this is the ideal scebario as you can now renovate and put in a good tenant at market rate. inherited tenants are usually paying below market and not screened to your standards

Remember this is a team sport.

It gets easier with time and just remember as uncomfortable as these calls are, it pails in comparison to the discomfort caused from not making any money :-) hang in there.

Remember that trust should never be a part of how you doing business.

Terminating a leaseTo get out of a housing lease, under the relief act and without penalty, you must: Prove you signed the lease before you entered active duty, and that you will remain on active duty for a minimum of 90 days.Provide your landlord written notice of your intent to break the lease and a copy of your military orders, ideally no fewer than 30 days in advance.If you signed a lease or rental agreement after you began active-duty service, you may still be able to terminate it without penalty under the relief act if you: Received permanent change of station or deployment orders that will last for more than 90 daysProvide written notice to your landlord and a copy of your orders, preferably with at least a 30-day noticeIf you are successful, your lease should end 30 days after your next monthly rent payment is due.

Always remember that in your proforma the expenses could be different, if you can lower the costs (in my example, you might be able to get a quote for $275 per door from an insurance company, but this is in a later stage of your analysis).Hope that helps!

Note: Remember that (depending on your down payment) FHA loans require PMI for the LIFE of the loan now.

I am 25, originally from the northern Chicago suburbs, and will be moving back home in about a week.After a lot of reading/listening, I have "decided" that I want my first investment to be a house hack on the north side of Chicago, ideally in Lakeview/Wicker Park/Logan Square/Bucktown areas, but I'm open to other neighborhoods. 

A duplex, tri-plex, or even four-plex would be ideal.

@Jenny Jones Remember that date night done that way is also a deductible business expense :)