One expense I dont think anyone mentioned was landscaping.

All other work (hardwoods, carpet, painting, drywall patching, roof, landscape and plumbing) was completed by contractors.

I've seen folks get 90% LTV on small apartment complex but it wasn't their first rodeo and they had relationships with the lender.Some things to consider is that you are responsible for a few more expenses than your standard SFH. you'll have to pay for attorney, CPA, landscaping, trash removal, and possibly pest control as well. if your considering owner financing any units off a apartment complex every unit must be individually metered.. that said you will more than likely have to do a condo conversion. can be expensive because you have to pay the county, a attorney, and  architect a lot of money to get it processed.your typically going to have higher repairs, maintenance, and vacancy with apartments because they are places that turn over more quickly compared to the desirability of a SFH. with that said the management side of have all 10 units in one place is amazing so when problems arise in different units your not driving all over the place to 10 different SFH.I hope this helps!

B&B Landscaping.

You are counting on 7% covering not only unit repairs but exterior building maintenance, landscaping, turnover costs, utilities, trash, licenses and registrations, professional fees like legal and accounting, pest control, and a multitude of other things that will crop up. 

Why do you want to evict him, if you have no landscaping or vegetable garden being damaged?

Windows , Blinds, Upgraded Appliances, Landscaping.

I would clean up the landscaping, pick up all the leaves, trim bushes, pull weeds etc.  

A little background on me-- I quit my landscaping job in August and started working for myself by starting my own landscaping business.

My HOA is looking for a good landscaping company.