But if you go into it with eyes wide open, understanding the rehab needed, and look at it as a learning opportunity, I think you will still come out ahead for the experience.I also think it's great that you're starting out with multi-family properties before moving into a single family yourself down the road.

@Amin Mutal Just remember, ROU as a percentage will vary widely depending on the market and purchase price.

In Austin Texas, there is a wide variety of companies that will fix the foundation.

Combine this with San Diego’s unemployment rate being higher than the national average and recently an all time high, the long duration of lost STR rents in a high number STR market (we are down over $60k in lost STR rents), the rent eviction moratorium with limited options for the LL to collect delinquent rents, state wide rent control, number of local RE investors relying on appreciation for any return on their investment imply there are many downward indicators.  

Kingston has a wide variety of options for rentals.

Dispose of material off site.Supply and install mechanical fasteneres 24" o.c. at roof edge perimiter, cover with 13" wide membrane torch applied.Supply and install Sopralene Flam Stick base sheet membrane to seal roof edges, come with Elastocol Stick primer.Supply and install slope insulation cricket, 1:1 ratio, between roof drains, mechanically fastened.Supply and install Soprafix Base 630 base sheet membrane to seal slope insulation cricket, mechanically fastenedSupply and install standard colour 0.026" (24g) gravel stop metal flashing, come with 6" reinforcement membraneSupply and install granules Sopralene Flam 250 GR cap sheet membrane, torch applied.Thanks!

I would think about this from a few different angles, all of which assume you are currently competitive with other PMs in the area.What does it actually cost you to manage these properties?

I don’t think it was ran properly from any angle, however, is there anything I can do to be creative about this and make money?

That could be difficult for a first-time investor or someone without a wide network.  

And with COVID driving a nation-wide experiment that has essentially proved the effectiveness of telecommuting / working remotely, you'll see a reduced demand in expensive and population-dense locations as many professionals will no longer be anchored to where their employer's office building is.