Are you aware of a quick run-down of the pros / cons you can point me at?

Plus, the space is empty as it was a retail store that we closed so it's costing me at this point. 

If you would like to talk further feel free to reach out to me at any time.Best of luck!

To me, at the end of the day, it's all about cash flow into my pocket. 

If they won't meet me at either of these times I cut them. 

What I personally do is buy properties that can net me at least $200-300 a month AFTER all expenses including debt service (Principal, Interest), Taxes, Insurance, Property Management, 5-10% for general repairs/maintenance, and another 10% or so (depends on property type/price point) for a capex reserve to fix future issues.

In a B-/C property, there will not be enough meat on the bone for you to add a pool.

After the central ac install, I've calculated that it would take me at least 3 years to make my out of pocket expenses back.  

I will amm the loan at 15 years and plan to pay it off in 10 or less. will produce $1,300 gross rent, basically one unit covers mortgage and Management, the other is taxes insurance and profit, it will net me about $400/mo positive, and when its paid off almost $1000/mo positive. my point is you have to buy only deals that have enough meat on the bone to refi out with none of your cash, but just the equity you made by buying right, and adding value.

Sent you a pm, feel free to respond there or contact me at the info in my signature.