Expenses are about $2,600-3,200 monthly, so we walk away with $3k-3,500 profits, per unit. 

Looking to walk through a large apartment deal.  

Ironically, I would walk away with what I put in - $150k.I would like to buy a SFH or preferably a duplex where the monthly cash flow could be about $150 - $200.

One when you're showing the house, another when they move in....because you are going to do a walk thru with them, right?....

I'll either proceed forward and my earnest goes half hard upfront, or walk away.

Or just sell it and walk with $150k+. 

I would connect with a seasoned investor like Tim who can walk you through strategy as an investor while considering your optimal financing strategy.

If you're not touching tools, calling the contractors, and walking the project 3 times a week sure it's great.

I believe homeowners and investors alike have walked away from more...yes, since you are investing with a non-spousal partner you should form a company of some sort, most would use a LLC. 

We also give them both (or however many there are) the choice of doing a walk though when one moves out.