While it's annoying to have bad contractors or property managers, all people are disposable in those positions and you can hire new ones.

*I am in the state of Florida; all counties do keep online depositories and there are MANY other resources at our disposal (can’t be sharing sources now can I?). 

But what I struggle with is that I am at such an early stage in my education that I don't have these folks at my disposal yet. 

I haven't met a single tenant in 20 years, and have no desire to start :).Also like you holding tight works for me currently, and perhaps I will even hold indefinitely absent some unforeseen future event that might dictate I dispose of them.

Use the rest of your disposable income to save up for properties.

And I can bet when you later cash out and dispose of the property to move on to bigger and better things it won't be because the cap rate tells you it's time to sell... :-)I'm just curious.

BP has a spreadsheet or two I believe that will help you out.Might be hard to project IRR for a start-up to do an apples to apples comparison....Also don't forget the transaction costs to dispose of the property in your calc (selling costs). 

The removal and disposal was quoted at $5480, the cost to replace and install the siding was quoted at $19,200, and the cost to repaint, prime and pressure wash was quoted at $2,282 for a grant total of $21,407.

Chances are that’s how you got here.What small course corrections along the way – researching, negotiating, acquiring, cash-flowing and now disposing of your investment could you have made to avoid your predicament?

. ;)YUP deals are like street cars there is always another one on the next corner.. that is what my Dads Lawyer banged into my head circa late 60s and into the early 80s. but reality is for most buy hold is what they can realistically do with the capital at their disposal or their ability to finance.deal making and doing development and value add.. just is not feasible for most investors. from a capital standpoint.but when I put up 50k for a new build and 9 months later pocket 75k or more.. after tax  how many months at 200 to 500 a month would it take to make that kind of money..