We rehabbed a SFH in a historic district and broke even, which is not ideal as a business, but the home meets the historic code for another generation.

@Adam E ColemanHaha down here it’s probably MORE common to see unpermitted work than it is to see work matching the permit records.

You should hire an agent but ask them if they know what NOI and Cap rate is (i,e are they familiar with investing?

If she is willing to carry a note for you, that would be ideal. 

Meaning, they may have been ideal, your screening might have been great but life happened to them and assuming they are telling the truth about the medical condition (and this isn't part of their pro scam) then this sounds like a life happens event.  

@E.

I think ideally, if you can do a house hack, even if it doesn't come out positive, you will still be ahead.

It's scenario dependent.For a rental property that you have owned for one full tax year, your Schedule E is nothing more than a profit and loss statement, and is taken as such, with a few modifications where we have better information than what's on the P&L:Note that we do not even look at the bottom line number, lines 21 and 22 are not directly used in any calculation. 

Ideally I would love a smaller group (under 10 people) of other wholesalers or investors in which we could meet weekly at a set time.

Given the current market prices, this is not ideal haha.Is there anything that I can do in order to raise this number?