I am starting to get discouraged and dont really know what my day to day tasks should consist of.

Passively co-owning an apartment building or… buildings allows you to plug into an existing operation and expect a consistent quality return that requires little to no involvement!

That he’s welcome to apply as an applicant... just like everybody else ... but consistent with your local and state laws, all applicants will participant in the application and screening process... and all tenants will be required to sign a state compliant lease...I suggest that you assure and show at all times you are in compliance with city, county and state laws.

Oh, she's been a bad tenant, a horrible tenant, got cats, trashed your beautiful carpet, made your life miserable, and worst of all, you couldn't help noting, exposed your inability to run a rental profitably.Do you have a documented record of consistency enforcing what I assume are the particulars of the lease that you're relying on to get her out legally?

The best wholesalers are spending more than 5k per month, and do that consistently for years until they can nurture the leads. 

And yes, to be through and consistent, it is my opinion that a small multi in a D location is going to have more R&M than just about every other residential asset there is.CapEx: Capital Expenditures are big ticket items that degrade over time (roof, heating systems, etc).

Your team should consist of a solid realtor, property manager, lender, cpa, etc.They all should be able to advise you on your questions

If they're promoting their services to you in a consistent and convincing way, that's a good sign that they'll be that thorough with selling your property.Interview agents.

You may need to upgrade to 5/8 sheathing and use an engineered product like Advantec or clips for 1/2” to keep it flat and consistent.

I'd say its harder to replicate a consistent strong cash flow than appreciation.