Also factored in an additional $600 for additional maintenance, like lawn care, or pest control. 

You also may have difficult getting a zoning change if the property is not zoned for multifamily, because unless you are bringing business to the area most municipalities see no reason to upset the neighbors of an SFR neighborhood by allowing a variance.

Is notice given when lawn care is performed?

I care less about the equity in the property as much as I do about cash flow.

It can easily take a year or more just for the deal to fall apart on you.Lender doesn't care if you're paying cash or not.

You don't want someone getting sick or taking you to court because of an infestation. 

Better to build your own equity through the debt pay down, enjoy the tax benefits of ownership, and garner the equity of an appreciating asset.

Better to build your own equity through the debt pay down, enjoy the tax benefits of ownership, and garner the equity of an appreciating asset.

If Tenants wish to use these appliances, they agree to assume all responsibility for care and maintenance.

Since we are looking to move out of an apartment ( sick to my stomach of throwing away money every month), investing in a different market is out of the question right this second.