When I first started in real estate I set a line in the sand that said, “ I want to make at least make $300/door for a financed deal to be “worth it” after PITI (Principal, Interest, Taxes, and Insurance), plus a maintenance reserve.”  

Maintenance on bigger homes like this is a BIGGER expense than normal.Larger roofs, crazy roof lines, multiple HVAC's, grande sized pool equipment, property tax increases.Plus  ongoing asset maintenance costs, such as mold forming in a veranda ceiling that needs to be removed and repainted, etc...That out of the way, if there are not a lot of takers for this place, could you do an OWC, or a Lowball.What I mean is there any scenario where you could step up to the plate on your own and buy it?

Brand new construction so the property will have limited maintenance issues for a while.

Beyond the Monthly Management, Placement & Maintenance fees, all other fees in our contract are IF EVENT -> THEN fees.

I'm just still paying back on work that was done to the house previously, and working to build the proper reserves for potential repair/maintenance expenses on the property before any big upgrades like that can happen.

IMO multi-family has the best cash flow, but townhomes have been much less work due to the HOA taking care of a lot (or some) of the maintenance. 

If you're renting it just pushes the responsibly of repairs and maintenance to the landlord.

We have our own maintenance division and so my numbers are pulled from actual work performed historically.

If there was no lead present, it would be more of a maintenance issue than a lead paint issue.

After all costs including a little extra for maintenance and vacancies, cash flow is about $100/month.