The management company just didn't do a good job of providing details on bills and never checked on the units.

Operating as short term rental by the bedroom, grossing $3500 - 5000/mo, between $500-1000 net.

OOS investing has operational inefficiencies, because you work remote.

I think it's great to have it in black and white on a spreadsheet and to have an operating timeline.

Maybe start with some smaller jobs before going all in.

Get a job in property management.

I'm more interested in purchasing 10 homes to have fully paid off by the time I retire, as I'm not living on the cash flow w/ current job. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

The cleanout is about 10-15 feet from the curb, but they had to snake 70 feet, suggesting a potential city sewer issue.The plumber mentioned that if I report this to the city, they will likely request a secondary cleanout closer to the curb, which I would have to install at my expense (a costly job).

So, WHY screw with a successful system that your able to operate without undue stress?