Evictions are expensive, encourage them to just move out if it doesn't get better.

Living in NY as well, everything is so damn expensive here and I am so weary of out of state because of being scammed in the past.  

All expenses should have been capitalized in 2016 and taken against the income in 2017.

Philadelphia, PAList price: $1.035MUnits: 23BUILDING SIZE: 16,236 SFGross Income $188,760Operating Expenses $100,614Net Operating Income $88,146Pre-Tax Cash Flow $33,515Rents vary but the average is $668 and there is value addBy my figuring I'm looking at: Monthly Income: $15,718.00 Monthly Expenses: $13,487.39 Monthly Cashflow: $2,230.61 Pro Forma Cap Rate: 7.14% Cash on Cash ROI: 2.27% Purchase Cap Rate: 8.73%Do you all think its worthy of continuing to pursue further?

@Andrew Michaud I would focus your spend on what will generate the most income for you either through increase rents or reduced expenses.

The numbers tell me I will make ~600 per month including all the expenses on maintenance, vacancy, etc.

Again leveraging your PM skills and passion, you can partner with others to tackle multiple deals and be an active investor to support your living expenses today. 

It's a bit more expensive up front but saves a ton of money in the long run. 

Just wanted to see most expensive homes people have purchased that actually cash flow?

Being an agent does save you the commission expense so that is great- It does take work, but sounds like you are ready to get it done!