Unless the existing system is near a body of water and pollutes a lot.Maybe connecting to the existing sewer would be cheaper anyways assuming that you can and its economically feasible.

But I also like to trust numbers and feel a deal is a deal and I don't think the seller will go any further down in price regardless of the outcome of the virus as I know what they paid for it and roughly how much money in renovations they spent and with our current offer they will hardly break even. 

Definitely don’t want to break laws the second I enter the industry.

If you break your lease you will not get evicted, you just simply violated the option contract and lost your option money.

Since I do not have the 20% DP, I do understand that PMI plays a big factor when looking at "Cashflow" or breaking even. 

I’d definitely keep insurance on it so you don’t end up losing your empire when someone breaks in and hurts themselves.

Wanted to share this with you guys as Airbnb is finally giving the hosts a break on the extenuating circumstances policy enacted this month in relation to COVID 19.

I'd say this: if you have the time, it isn't a distraction from more important things, and you can do better than break even every year, then why not.

You have the long term goal in mind, now break it down to a more specific goal.

These are tough times for everyone, the system is breaking down all over the place and people need grace right now.