When a tenant doesn't pay rent, it's not because they don't want to...it usually because a large percentage of our country lives paycheck to paycheck...and life happened.

One hidden large expense can cost you tens of thousands and make the property not profitable for quite a long time.

That asset class isn’t suitable for buy and hold except on a large scale for experienced investors that specialize in that area.

There was a good amount of rent that had not been transferred and also a large amount which the tenants never paid.

1.5 hour radius is a relatively large area.

I didn't join the military largely because I wanted to be able to carve my own path and also be paid a competitive salary as military doctors are capped at a little over $100,000 a year(whereas in the private sector as a psychiatrist I can make 200k-400k if I really hustle and don't mind moving to find a high paying job), but not having any debt is huge.

Economy of scale is so much better! 

You are expecting 2189 a year at your calculations, however, its actually 2 units, so you are getting 1050/door/year which is pretty thin for the privilege of a mandatory job as property manager for 2 tenants, since you dont have enough budget to hire a real PM and scale your empire.

Try to do the payout in the contractor properly scaled out according to the work done.

I want to get the thoughts of other investors on what I could or should be doing to progress and scale up.