Trying to figure out how long I will be burning cash until I am break even and how much I should budget for lead generation.

Day two, remove and burn yard sign.

Great advice in many posts above, so I won't rehash them.When I bought my first multi, my wife warned me if I crashed and burned she was taking the kids and leaving (no joke-she would).

Hello @Leonard Burns, welcome to BiggerPockets!

@Sunny Burns I don't have a contractor recommendation but I'd like to pick your brain on your Garfield property.

A tenant should be able to normalize the rent within 2 months if they can truly afford the increase, otherwise they'll just be burning through savings to pay it until that runs out and you then have an eviction case on your hands.

I'm under contract now (likely about to drop it), burned out and feel like I've been running around just for 1 dang deal for months.Great job @Anson Young!

Serious investors will do whatever is necessary so if there is hesitation or reluctance on his part, he probably isn't that serious.Don't burn bridges though.  

Get those big fat BAH checks associated with the zip code your school is in, pay your rent, pocket the difference. [[ Possible bonus points: On top of that, many universities (the entire UC system, for example) force you to apply for FASFA even if you do not want to or need it.

Unless you're the kind of person that needs to face adversity to try your best, then quit and burn your proverbial boats.