Maybe I can help as I've been working missing and deceased owner deals for several decades. 

Like Minh says “You miss 100% of the shots you don’t take.”

Shawn Ackerman yeah I totally feel the same way lately - lots of deals weren't deals and feeling like some missed opportunities and missed disasters so - good and bad - glad to be still in the game.

The other demands are reasonable - there is a broken sprinkler head in front yard and missing light fixture on the way between bathroom and bedroom.

Investors are VERY active right now, and if you sit on the sidelines, you'll miss the deals.

So, if I put in $10K, my building will increase in value by $24K; that's a good return and I would probably do it.If you are projecting long term increases in value in order to compare your investment with the stock market, you are missing a crucial differentiation, real estate is not a passive investment.  

Very nice neighborhood and all it's missing is kitchen appliances.

Very nice neighborhood and all it's missing is kitchen appliances.

I'm afraid you're still missing much of your expenses in only considering insurance but @Jay Orlauskihit some of them.

I should mention that I made this reply after a long day of working and it was 4:30 am and right after posting I gave it a good read and found a few plurals missing and a few other things.