After some time due to some reason the rents in the neighborhood goes low, vacancy rates are hitting high and also the property price has gone below the purchase price.

Your PM figure is low unless you have someone in the 5-6% range like you are showing. not a ton of cashflow, but not bad if you are gona live there.   

Fortunately home prices are also low enough to the point that things can cash flow. 

That being said, I was considering building a low cost franchise opportunity to people who struggle, like single mom's and the elderly who live on fixed incomes, allowing them to rent an apartment from me and the could rent the rooms out themselves.With the right team I see a win win, but I wanted some feedback.

Think of the two as high risk and low risk stocks.

I received rates as low as 4.2 and I went with the 4.8.

I would recommend building up at least a 720 or 750 or 800 FICO for freeas soon as possible so that you can open the most financing doorsanytime during this project and beyond.Another option if you are bootstrapping is to use bank bonusesto get free cash and start a LLC to build business creditthat can help you get much higher limitsat places like Lowe's, Home Depot, etc.Google any of the following for free help:Bank/Credit Card Cash BonusesCreditBoards business creditCreditKarma free credit reportsHome Depot/Lowe's business credit card

I was worried too because Gillum was buying low-info votes with taxpayer money with a fury.

@Jason Ma as a Flipper Brandon's numbers aren't for rehabs but for low end rentals. 

I may have an opportunity to aquire a small self-storage company with about 32 units.