I respectively disagree.

I want to shut off the water, Mate.Apparently you not only need to learn the laws, you need to learn respect for the law.Your case is not unique.

Monthly payments would be ~$1,250 (~$350 HOA fees) and ~$1,300, respectively. 

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.The site has quite a few tools that can be helpful for new members.

I always measure IRR and ROI in respect to my exit strategy. 

I've vetted 2 multifamily units between 24-60 units and have begun negotiations.By the way, I see you're sharp and highly respected in cost seg studies.

We want to have them move out at the end of the month and be able to rip out all of the carpet and renovate their side, and rent it to new and more respectful tenants.

I disagree with the things that have been stated above with respect to how much you can safely get as a return in a year’s time.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

Respectfully,Xavier Wilson