I find this level of underwriting lacking with many flippers as well, failing to properly consider the holding costs, insurance costs, taxes, etc.

You might want to check with your insurance company, and your general counsel and find out if you have some exposure if you do this.Good Luck!

So find one who specifically works with real estate investors and can help you maximize your taxes.

You will just likely be looking at a LOT of houses to find one that is marginal, at least for my return needs.Secondly, along these lines: in the neighborhoods I know and invest in, the demand from retail buyers is still very high, and inventory is low.  

@Johanna Valencia If you're looking to scale the portfolio, I'd suggest getting into another multi, somewhere within a manageable distance as to make it easy for you to manage, but also find something in which you will be able to fit your family.

Our book is exclusively on how to safely find and fund private money loans for passive income and secured by real estate. 

Turn the place around, find a new tenant that pays market rate on time, and move on.

My concern is that all of my info is coming from the agency and I do not know how to find and evaluate properties/deals yet on my own.

In Columbia, finding a small multi-family property that makes sense numbers-wise can be difficult, but not impossible (low supply).

Then 4) I would get laser focused on 1 or 2 good markets with a realtor that is also experienced with flipping and can help you find good deals.