I admire how you put yourself out there to learn in the real world and talk about specifics instead of trying to do it all in Excel -- I think that's what many people miss.Siempre adelante!

(forced appreciation) It could be accomplished by purchasing the property for less than what it's worth but that's very unlikely for a property in excellent condition.

Investing with an abundance mindset versus a lack mindset will always be much more productive.

There are a couple of Great properties currently listed in Tallahassee that would make excellent house hacks.

@Clare YuritchI have a seventy-year-old-plus boiler in excellent operating condition at one of my properties. $6K to replace a boiler of any size is CHEAP.

Perhaps a good place to start is finding a few lenders who offer competitive financing terms and products in the markets you are targeting. 

@Brian J Allen Is an excellent realtor in the Worcester area!

We spent a little more then usual because we wanted the finished product to be hi quality and we spent on nicer finishes, design and staging.

The property will be paid with by residential lending products and personal money, but how is the business part of this plan be established (i.e., creating a legal contract for rent/finding tenants)? 

You have excel?