She can just take down the listing and stay, even though she’s ALREADY MADE MONEY off of a property that I insure, maintain & pay for some utilities on?

My lender just informed me the detached garage is partially in a flood zone and requires flood insurance.

The previous homeowner started a remodel but never finished. 

I haven't done a refinance yet but I can talk about the closing costs of my first deal (which I bought with a conventional 30 year loan):Underwriting fees: 600Appraisal: 675Title Fees: 1650Recording Fees: 150One year of insurance prepaid: 600Initial Escrow payment: 400So overall, I paid about 4k for closing costs as well, but I bet this also depends from area to area.

I've done a fair bit of reading and have learned to account for r&m, CapEx, management, vacancy, taxes, insurance, and accounting for the first year or two of building reserves.

Yes, and find out what the land-only value is...This is what a lender may only be willing to lend for...And, insurance to rebuild the 8 homes, in case of natural disaster?

The best part about this property is that the home owner built a 2 car garage/ workshop in the back yard that was made very well and is about 1,200 sqft on its own.

Whats the down payment requirement and would you still need to pay mortgage insurance? 

Taxes are really the killer for rental investments in the area though where most properties that are undervalued get purchased by homeowners looking for fixer uppers and outbid most rental investors unless your willing to sacrifice your returns a bit to have a rental in this quality of an area. 

I don't want to become a FT realtor for a few reasons (a) I'm not a 60-70+ hour work week type and (b) it becomes tougher from the traditional lending perspective when my wife already has her own business - I need to be the cheaper insurance provider on top of it.I'm curious about asset management jobs or other types of similar roles at REI firms where I can learn more in-depth about the industry - and I'd appreciate if anyone had advice about what firms would be worth connecting with and what jobs would make the most sense given my background.