Monthly payment (including insurance and taxes) is $2,600.

If I was going to invest in such an area it would be at very low or no leverage levels, such that there would be a large delta between my gross rental income and my net operating expenses including capex, vacancies and reserve set-aside.

You can easily include a series of obscure clauses such as "eviction can occur due to...lack of character.....multiple complaints by neighbors....questionable sourcing of income....lying on an application..." list goes on and on.The key point is, put something vague into your leases, and use it.

However, the purchase of the property did included three separate parcels on one deed.

The problem is, that I would like not to have to purchase a lawnmower for my tenants to use (when I thought there was one included with the sale). 

Recommend requesting the seller’s existing ALTA Survey, building plans & floor plans, site map, seller’s prior Phase 1 & environmental reports (easy for them to ask lender for copy), full rent roll detail (including renovated/classic unit indications by unit, sqfts, building #’s, full detail), aged receivables report (will allow you to identify hidden delinquency / bad debt yet to be reflected in T12’s), general ledgers / capex ledgers back at least 3 years to ID major capital projects or damage that wasn’t disclosed initially.

A commercial appraisal will include giving value for the income potential, so for a property like this it wouldn't be at all unusual for a residential appraisal to come in at $950k and a commercial one to come in at $1.1m or some other higher number. 

There was no way I was going to buy 100 of these and take on 20 million of other peoples debt without clear cut back up plan that included instant paying of their mortgage while i worked it out..

@Sarah AliReal estate investing offers various strategies for limited funds, including house hacking, crowdfunding platforms, wholesalers, lease options, turnkey rental properties, partnerships, and small commercial properties.

Correct me if I am wrong.What services is the accountant providing you and what communications are you looking for.Does the $900 already include filing of a tax return and bookkeeping?