I can see by your expense list.When you become a grown up you will see a list like this:Mortgage  and insuranceCar payment and insuranceGas billElectric billTrash serviceCable billInternet billWedding costsKids and costs associated with them- club soccer/ travel baseball/ private schoolYou get what I am saying.At this stage in your life you are doing really well.  

One comp does not a market make.Gotta love slumlords who continue to collect rent even if the unit is not habitable.

He is a new traveller with no reviews. 

I have family in the area and travel out there at least a couple times a year.   

She left before I call the police, and I was going to wait outside, as I had no idea if she's crazy, or how crazy.Then I moved back to New York, and I'm in the habit of forgetting to lock the front door, sometimes leaving the keys hanging outside the door.

These are my results:Purchase Price: $336kDownPayment: $90k (including closing costs)Reno: $97kCarrying Cost: $11.5k (Not including missed rental income from huge delay or mortgage payments- but does include travel expenses, all utilities during reno time,insurance)4 units: rental income $5600

I’m in a smaller city so I’ve thought of traveling somewhere but not sure yet.

Although, for most multifamily properties, you want to have done as much work upfront and if the broker/seller has been clear about issues with the property/what is needs (in cases where you have to travel after it is under contract). 

Is that the land owners have a nasty habit of raising the land lease whenever they get a whim,  so you can really get stuck when you can not raise the rent, it does not cover the cost to carry, or even the rent on the units. 

The key in the beginning is to create a habit.