If you’re looking at this from a distance, connecting with a local property manager could give you a clearer picture of what to expect in terms of tenant demand and property management challenges.Let me know if you need any more info or want to chat further about this.

But you need to start answering them for yourself and come up with a clearer picture of what you're wanting to achieve.

He has quoted the break-in's as to why the timelines keep shifting.I have requested pictures over and over again (again, completely remote), and I have only received a handful the entire time.

But the question is whether one can actually achieve the proforma cash flow on older properties with a less economically stable tenant base.Based on your picture, you appears fairly young.My advice is buy properties in quality locations think long term 10 to 15 years - slowly and safely build your portfolio - equity and cash flow will increase over time and in 10 to 15 years you may become financially free.People talk cash flow is king but one can NOT generate financial freedom cash flow with $250,000 or $500,000 invested (equity).Even at a 10% cash on cash return, one needs $1.2M invested to generate $120K a year $10K a month.You want property to be self supporting so it needs to cash flow but once that is reached the focus in my opinion should equity growth which increases net worth.

Unless you have extensive time and experience managing Section 8 rentals, it is not advisable to self-manage them.Did they send you pictures of the holes in the floor?

Then take pictures of exactly how you found it and how it looks after cleaning.Start by sending them an itemized bill within the timeframe allowed by law.

Attached is a picture, apologies for the blurriness as I didn't realize that it was blurry until I left the property. 

Do you have pictures of the interior of the property? 

Think bigger picture and longer term.

Good call on getting the PM on board.If this is not in line and continues to be a neutral cash flow asset, then it may warrant a look at selling and moving even if those numbers don't paint a good picture as you say.