Total down payment was $12,500 and the property needs about $1,000 worth of materials for freshening up which will be done by brother and myself.Property Basics:4 Bed/2 BathGross rents when brother leaves should be $2,800 (Verified with other owners in complex)PITI + HOA is $1870.Electric/Gas/Internet should float between $150-$250.Water in included in HOA.

He already is closing on land and building new multi-family from scratch, with modern amenities for the influx of engineers.High speed internet, green building etc.He is a smart guy.I suggest you research for yourself.

But it was more space than I needed, some friend looking for office space ask if he can pay me rent, sharing the office, paying half the office expenses such as the phone, internet, and fax machines. 

Let the thread die and drift of into the internet abyss.

i'd start with a lot of internet research.

In internet speak its called "click bait". 

@Tim RobinsonI have a few suggestions outside of your immediate questions.1) instead of concentrating on SFH, consider looking into MFH or other RE strategies.

It sounds harsh on the internet, but it's a sound business decision based on risk factor.

I have an internet business, rental property business, and flipping business.

If you use a wireless connection, you'll need an Internet connection onsite.I send the tenants the separate bill myself.