But maybe that's a better way to go.Thanks everyone for the insight,Nicholas  Nicholas,Amazing that a lot of people here on BP shot this deal down because of the $78/mo, or $70/mo cashflow.And this is why a lot of investors are not getting deals because they don't look beneath the surface.I would do this deal and before I explain why, let me just point out several things that shows you are being overly conservative with your numbers.1.

This is also great for getting out of a flood plain3) It can be adjusted over time so if the soils sink, you can shim the piers.Before the foundation is done, the surveyor will have marked the lot and done a form survey that makes sure the concrete guy puts everything in the right place. 

This is the area right beneath Dodger Stadium.

You don't want to chip the bricks beneath but you need to remove all the plaster.

You need more units beneath one roof man!

The bathtub draining pipe was also not connected water just run out beneath the house.

if using as a shim, there are easier ways to fur the wall out.Concrete board is porous and will absorb water. 

We seen that the water did not travel from shower area -> bathroom floor -> living room but it happened internally beneath the walls / floor to the living room.

It might seem to be a little beneath your age level (though I was 40 first time I read it)...I assure you there are some profound tidbits in there.On real estate, my favorite title is "The Millionaire Real Estate Investor" by Gary Keller, https://www.amazon.com/Millionaire-Real-Estate-Inv...The fundamentals are in this one book, since it touches on so many things I think it's a fantastic starting point for any would be investor."

And as I expect @Jon Carter she will inquire to the responses.Dawn has a point there are bigger issues that lay beneath this,communication is key.