I have been out fund raising and while I was prepared to handle a primary private lender.

The big players definitely BRRRR...they just do it on a 250 unit community and have professional management handle it rather than doing it on 250 individual homes. 

Hotel points are amazing when you can redeem points for stays at aspirational properties that smart people like us would never use cash to stay at.I focus on teaching people to use airline miles and hotel points to reduce their travel expenses so they can use their cash to invest, pay down debt, or travel more & have better experiences.I recently spoke with @Mindy Jensen and @Scott Trench on the BiggerPockets Money Show Episode 27 where we talked about everything you need to do to get started in the world of travel rewards.

We'll also likely use a property management which reduces the need to be nearby. 

I feel like I'm getting a better handle on this stuff. 

(Pull carpets, tear down drop tile ceiling, etc) I do not have enough capital at this point to fully handle the renovations and repairs.  

These together will probably greatly reduce your cash flow.Also it does not look like you used Commercial Financing.  20% Down payment and 30 year amortization is for Residential loans.  5 plus units are commercial properties and require commercial or portfolio loans.  

As it stands now each item you have to add into the calculation is going to directly reduce your cash flow, so depending on how high those are will really impact the desirability of the deal.

Furthermore if it zeros out your tax bill it'll carry forward and reduce your taxes for next year. 

Too much for them to handle.