Nice job being conservative on your maint and CAPEX numbers.

This is definitely true if you are planning on leaving your job anytime soon.

Have used him before on smaller jobs on buyer requested repairs. 

They can only commit to a 10-month lease (which takes us to 5/31, on the school schedule and likely a time of high demand) and will almost certainly leave at that time, as they're looking at jobs outside the area. 

Structural Engineering is actually what I do for my day job.

@Patrick Daniel I use my job...lol that is what I do.

It is not good business to pull income from one revenue source to cover a bad deal in another.Perhaps you need to do a better job analyzing the deals completely prior to purchasing the property. 

My rentals are under a sole proprietor, have a W2 job, and partially self managed. 

Will I get accused of mortgage fraud if my job causes me to be away much of the time? 

I am a computer geek by training, but I am interested in generating passive income so that my family can have financial security and the opportunity to travel and have adventures (without the day job).