Calculate your NOI and then take out capital expenses and debt service fee to calculate your cash on cash return.

One lease I was under several years ago with some college friends stated that any improvements have to be returned to the original condition or the tenant may be financially responsible if the landlord decides to return it to the original move-in condition.

I would go for a duplex, preferably side by side, with the following provisions..... if your neighborhood has only dumpy duplexes, maybe stick with SFR if they can get you a decent return.  

Good fresh paint job and cleaning.If the house is lower income then a larger expense on renovation will most likely not be inline with the return.  

I figure that i can easily have 15 small offices in the room.Now here is where i am stuck... 

Email technology as it exists today, CAN NOT RELIABLY produce a Return Receipt. 

I am hiring property managagement and it was recommended that I distribute these funds to my PM so he can return the funds to tenants as needed. 

Should owner file tax return?

(Not by using Google maps because they can easily be outdated pictures) There should be some.

So according to my calculations for my loans which are at 6.8% ($170k worth), I would roughly need a return on an investment of 9.44% to be equal to simply paying off my student loans, based on my tax bracket (if my investment was hit with income tax of 28%).