Or get a job with a mortgage broker so you can learn how the money moves and be exposed to numerous sources and options for funding.

@Bill Brandt first, if you are using year ago data to compare, you will certainly miss the turn and only identify the shift in the market in the past not in the present.

If someone can cash flow on this I need to know what I’m doing wrong because at $300k/door (and a huge property tax bill as a % of rent) I couldn’t make it work and I have the scale (2000 units within 10 miles of this one) that should make it easy. 

I've also got a plumbing bill for fixing the pipe that is not covered by insurance.

Just assume they too have bills that have to be paid, probably with the rent you were supposed to give them.

He's old school so he hasn't thought to establish credit and he doesn't have any other bills. 

The price reflects numerous criteria.  

To say the least he is not able to do a full rehab himself and all of his reserves go to medical bills.

Her mother used the property as collateral to pay for all medical bills and retirement home (Assisted living facility) fees while she was still living.

I have an LLC that pays all the bills and receives all the income.