Personally I don't care of someone got permits to do something. 

Personally, I would start by diving into recently sold (6months) properties within a mile that share similar characteristics to your home.

Without getting too deep into my own personal financials, ill create a quick scenario. 

The listing agents hate it when I tell them I will present my buyer clients offer in person.

What’s more, doing a detailed market research, making a feasibility analysis, getting to know similar minded investors through networking are some of the ways that a person venturing into that field can avoid pitfalls.Good luck!

She asked for prorated rent if she moved out early, which I happily agreed to and she has been extremely cooperative.Lower unit tenant is mad that someone less than half her age owns the property and is not letting her stay (she has been there 10+ years).

This is what happened when I saw her in person. 

From the description of the duties that a broker will help you out with, it sounds like this is the type of person that I really need from the get go to help me get started out right.I'm thinking one of the first calls I make is to call one of these brokers, and develop a good relationship with a good broker.

Im happy to share any info I have based on my personal expierences along with my referl network.

This will help you understand your current net cash flow accurately.Consider Future Expenses: As you mentioned, the property is aging, and there are upcoming capital improvements such as a new roof and potentially a new HVAC system.