You also mentioned write offs, I am not sure how this factors in specifically and wonder if you could speak to that, as well as how much I will pay in taxes for rent collection.

If you have any specific questions feel free to reach out I always enjoy talking REI!  

If you have any specific questions or need further guidance, feel free to reach out.

Also properties built in the 80s that were considered to be "newer" condos are now having system failures, specifically roofs.

There are very specific requirements that must be completed for a legal cellar basement to be rented out.

Cash offer do carry weight as they can close quicker, don't need appraisals etc, but as an agent that works with buyer and sellers, I've seen it many times where a seller will pick a different offer due to some connection to the buyer (ex military, young married couple just starting etc) They want to know its NOT going to an investor specifically. 

@Tracy Derickson Click on the Build your Team tab and you can find sponsored vendors for tax and financial advice here on BP.And as @V.G Jason stated give us a fact set and you will get free advice on your case on the forum. 

I've got an agent who sends me deals, some of which are off-market, contractors who can do the work, a hard-money lender who seems to offer good terms, and a property management team I trust.

My husband and I will be taking a ride out their way to look over a few of the properties and meet "the team".  

Just remember to research specific areas, consider market conditions, and factor in costs like property taxes and insurance.