The high cash flow may be diminished by the age of the building and possibly more than expected repairs and replacements upfront and ongoing maintenance.    

Buying real estate with this method offers asset protection, creditor protection, and even a means to buy your retirement home ahead of time.

Will I be able to only put 10% down, says it needs cosmetic repairs, it’s in Florida and doesn’t have central AC , and Idk if the utilities are separated which is big for me.

i did not get to the appreciation, repairs ect. 

Do you all have a separate account to collect your vacancy, repairs, & capex % for each property?

In this economy I would recommend Fix and Flip Quick Flip and the main difference of those two is making any repairs/rehab. 

I might do some light work, flooring, painting, repairs on unoccupied units, but that's about it.

You will gain experience being a landlord by renting out the rooms and dealing with tenant drama, home repairs, etc.Then in a year or so fully rent out that first property and repeat the process.If you don't want to actually live with the other roommates then I would look at an area like Hyattsville, MD and parts of Silver Spring, MD where a lot of houses are two level houses and often times with a second kitchen in the basement.

With it being a historic house, I would definitely budget A LOT more for repairs.

You're here to make money, not give charity and create a head-ache.