There are two pieces of information that kind of have me going back and forth and would like some clarity on this. 

It is different everywhere and it’s always best to read the black and white yourself and then ask questions to the applicable department for clarity.

For clarity, the stairs are not in disrepair, but the first "step" is from dirt to the first rung on the stairs which is a few inches more than standard height.

Also, this article should give you some more clarity: https://www.biggerpockets.com/member-blogs/10850/86621-six-steps-approach-to-getting-started-in-real-estate

Not trying to be unclear honestly was trying to boil down the main house and learn/get an answer in the clarity of the main house.

@Anthony Sarrouf, yes, absolutely, it does, PM me if you need clarity

Your examples really gave a lot of clarity!

That is more likely just a partnership and could be as simple as a legal entity to ensure fairness and clarity on how you all work together.Raising money from the public = complex and far beyond the scope that a single post can cover.

When you respect your time, a lot of clarity is gained.Unless you plan on buying with cash and doing a flip/rehab with even more cash, start your analysis on properties that meet your investment criteria (location, price, use) and go from there.Just one opinion...you'll get lots more.  

In my position I don't want to enter a property that doesn't cashflow in hopes that the market stays hot here....there is too much flux in the world for that imho...but cashflow alone is only part of the equation.Ultimately, this question was asked because I was using the calculators for the first time and doing my best to learn and expand my knowledge...and I wanted a little clarity around what I saw that didn't pass the sniff test.