The SEC and possibly the FBI will be taking action. 

If cash flow means you make $8 more than your mortgage payment in month 4, awesome, you have $8 for that month.But.... if you factor in closing costs, make ready costs, leasing costs, repairs... it's typically years out until TRUE cash flow, with a value add or a turnkey (unless you absolutely knock it out of the park with a BRRRR and then somehow cash flow after the refi, which I guess is possible but very unlikely.)

Some of these strategies (though not all, and possibly not the most profitable) are the subject of constant discussion on BP. 

Tenant also claimed possible mold, rotted subfloor etc, which Remediation said they found no evidence of.

I'd rather work something out with a private lender if possible to make it work.

Based on the design, I would go with sororities if possible.

You can make the determination by examining the mechanical systems yourself and finding out their age or hiring an inspector to evaluate the systems.

It's possible to find great tenants with thorough screening, but also be mindful if you're considering short-term (e.g., AirBnB) as it will expose your property to bad actors.Law enforcement and the legal system seem to operate quite slowly out there.

You could have used that $8800 to possibly have partnered with someone locally that is already doing the subject to deals to figure it out first hand.

I’m here to learn as much as possible, network with experienced investors and agents, and find business partners who share similar goals.