The easiest way to get around this is to figure out how much the property would cash flow using the "rental property calculator." 

That's great to hear that you're graduating and you want to get into multifamily.I would start off in a commercial real estate firm, learn the systems, the sales/buying process, how to analyze deals etc...

To clarify, my banking model for the Series is to hold accounts for each series member. 

The data centers I have worked with in the past wanted to own the property and real estate.

The rehab of the vacant was part of the business plan.  

PA was the other anomaly I was thinking of.

I believe the property manager needs be on island (but i could be wrong).

@Andrew Nguyen, the contract you signed allowed them to do that?

Purchased it for $65,000.00 and replaced the plumbing, floors, cabinets, and painted for 18k.

Finance was a combination of a few different vehicles and ultimately ended with a HELOC which was then used to fund multiple other projects over the years.