This is a huge mistake, and something we can all learn from.

I am interested in having these conversations and learning more.

If not, factor minimum 15% for management.Also, consider that you will pay taxes on all the income (after expenses).As others mentioned, research the competition in your area to learn the demand/restrictions.Depending on these answers, you may be better off doing this closer to home. 

I am a Registered Nurse in NYC working in the ICU new to real estate investing, ready to learn and take part in this community! 

I sent over some times and my email to your personalI am looking forward to learning more,Greg

I answered this with indicating that I would like to speak with someone to learn more about their program and what they had to offer.

If you would like learn more happy to discuss. 

I learned all of this from a now defunct group in Berwyn of old-school building owners.

Can we just not fill the paperwork since we just learned about this, and he also violated the lease?

Depending how much you earn you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.