If the siding is cement based asbestos siding,  going over it with vinyl would likely cause breakage leading to a hazard.  

I am looking for a property than will generate positive cash flow but it seems that Oahu (my current residence for the next two years) might not be the best place to find a property that will do that.  

@Eli M. it is very strange if the tenant doesn't have their phone number, which leads me to believe it may be a bad reference.

This has created opportunities for technology based companies like Trulia, Zillow, Realtors, Homes etc. to merge all systems in one data base to get people to use them while selling advertisements to generate revenue.  

By new, i mean I've been canvasing my local area trying to generate leads outside of my 9-5 and am still trying to close my first deal, new.

He hasn't raised rents in a few years so that's what leads me to believe I can get market rent for it.

Working on a wholesale lead in West Memphis, Arkansas.

It can take a while to sink in.Shorten the lead time and pay a really good, experienced CPA to explain it you.

This leads to frequent move-outs and escalating costs of ownership.  5% for maintenance and 5% for vacancy do not even come close to covering these costs.When companies are competing to see who can race to the bottom first (lowering prices and selling property cheaper and cheaper) they have to cut somewhere in order to make a profit.  

I honestly dont plan on it generating a profit with the entity.