In California that 680k likely wont buy assets that cashflow 2100/mo.

@Xavier Navas also a credit union wont work for me i dont think because i live in new york but am investing in PA

I have heard great success stories from landlords and managers who like Section 8 housing - they get on time rental payments and long-term renters (once a tenant gets a approved for a Section 8 property, they wont be in a hurry to move).

You wont be disappointed.

if you have losses, you wont have to pay taxes. in other words, if your 10k profits go into a house that takes 15k to update, you wont have to pay taxes.but it all has to do with how it passes through your personal w2, and schedule XZYtalk to a CPA. yes, they are like lawyers and we all hate them, until you need one. then, we are glad they are on your side.

It wont take long to find a lender, I would court a few local bankers while you look for a deal.

The problem with getting a well cover is that the window is taller than the hole, so putting a cover over it wont allow the egress window to open in case of an emergency, thus creating the same type of liability issue with allowing a tenant to sleep in a downstairs room with an egress. 

The debt offerings tend to be around 9%.I would recommend RealtyShares; however, be sure to comparison shop as your IRR can suffer if you have to wait for the deal to close.  

There also isn't a great rental ROI for upgrades meaning renters generally wont pay you enough extra a month to make it worth your time. 

The problem with most C and D properties is they suffer from the broken window syndrome.