I don't see the reason to have arbitrary "deadlines" to buy things without considering if the current situation warrants that kinda decision.

Hi everybody, here is my situation  I want to purchase a fixer upper to hold and rent.  

I've had situations where I've hired guys and they've either had financial issues or health issues that delayed my jobs.

Since these five properties are paid off, the cash flow should feel like a fire hose compared to those who are looking at $100/door.I'm in your situation myself.  

By my calculations I can make it work but it'll be tight given my personal financial situation. 

The condo should be discounted quite a bit as well due to the issues.I personally bought into such a situation back in the black days of 2010 in San Francisco.

Here are the elements that go into my situation:1) Currently in mid-range salary job (60k).

It is just not a profitable situation for PM's, thus why these homes do not work for out of state investors because the companies that manage these homes hire low level entry level positions. 

I would love to hear your thoughts on the situation, although I am struggling to even come up with the right questions to ask.

My major issue is that the contractor issue seems like a chicken and egg situation.