I will likely be financing this, which is why I need to make sure it covers the carrying costs plus some. 

The cost of entry is low, and cash flow is high.You can find distressed off-market duplexes under 120k and SFH under 80k in B to C-class areas.

They didn't end up getting the property after the research because the cost wasn't worth it at the time.Call the code enforcement guy when he's in the office or actually walk into his office when you know he's there.

what are the   fees /  costs  associated  with the  1st mtg  refinance ?   

I think it's because it costs money to train them and they (mangers) think it's best to just send them out and hope they learn on their own.

Rather set $300k on fire than pour it into a condotel,  the condotel will cost you more to get out of.  

GC has a lower cost of capital relative to the average syndicator due to his social media presence.

After I did some digging and realized how much it was costing us, I switched to Baselane and I am very glad I did.

takes me out of contention with a lot of properties.Are most owners absorbing part of the cleaner's cost to remain competitive during down-rate periods?

The cost of the loan is so expensive that there is no room for much of a profit.