Additionally, it's a good idea to connect with a Property Manager early on.

Additionally, make sure you’re familiar with local property laws and any regulations that could impact your investment.I agree with @Jason Wray that you can easily find a cash flowing deal under 200k. 

Of course they would want additional appreciation on top of principal but any DST sponsor will tell you that they factor in the up-front load on their underwriting and  likely will overcome that up front load.

All this in addition to 6 other lease violations... 

This was not what I was interested in doing and when I voiced that I was interested in 5-20 unit deals and had the funding for that in place I just got additional push back for buying the larger buildings.

You may not be able to break the contract this year but would recommend getting additional estimates going forward if you feel it is expensive.

Despite no additional renovations being necessary, our efficient strategy and swift turnaround led to a same-day sale at $225,000.

Additionally, add in the ambiguity/risk of the due on sale clause or ramifications on the conventional loan of transferring the property from your individual name to an LLC - the economics don't make sense, and the headache isn't worth it even if it did, in my opinion!

Regarding insurance adding additional umbrella insurance is great idea. 

Oh, AND I get to add some new additional handcuffs to the mix.Zero sense, it makes absolutely zero sense.