I haggled the crap out of my bank to get this rate in 2016.* Was renting the home for $9,000 a month.

They don't know crap about investors or investing nor care to learn.

One of my favorite parts about landlording in PHX/Scottsdale is that many landlords really run crap-looking properties, and with a little creativity, are easy to beat from a sales standpoint.  

You'll need to know how much to it will cost to get everything rehabbed as well as carry costs to hit 80-90+% occupancy (which if things go well would probably 12-18 months. 6-9 months for rehab and 6-9 month to fill up)You are right as far as expenses: their numbers are crap.  

Repair the crap out of it..

Forget about that rich dad crap, it's a fairy tale.  

In general in Anchorage I feel like there is a lot of old crap that people are proud of and think it is worth more than what it is.

Hi Jeff,Back in 2008,2009,2010 you could find class A to B areas and B buildings for a 9 cap.The really bad areas like a 20 cap.Fast forward to today and I see syndicators and regular buyers looking at stuff in the real crap hole areas of GA for a 8 to 9 cap.

for long term I use coldwell banker Mary T, she doesn't take crap from tenants which is why I like her. 

You must be wholesaling as you're selling 14 before you buy the 20.Your plan imo is a crap shoot, as all it takes is two or three resales to fall thru and you will not be able to close on all 20.Best wishes.