We had no control of that since we only owned for one week.

The issue is that I'm self-employed, so my income isn't fantastic, and I live in a city with exorbitant rents, so my DTI ratio isn't great.

Wood Destroying Organism, or just a pest control person? 

Also will you need to add a furnace and ductwork so each tenant controls their own temperature and costs?

Who is responsible for the fence damage caused by a severe storm where:Usually, when an "inside" side of the fence (with the horizontal 2x4 bars across the fence) is facing the owner in the owner's yard, the owner is responsible for the repairs.The situation:The "inside" of the fence (with the horizontal 2x4 bars across the fence) is facing the easement (which acts as a storm drain for flood control) in a HOA neighborhood.

All of those factors play big roles here.Obviously you have fantastic financing terms, but my recommendation would be to take it slow.  

A new property management company took control of my property about a month ago.

If there was a will, then the will controls the estate. 

I also don't really recommend arbitraging because you essentially have very little control over your business, the landlord controls it.

Rent control (I prefer to use accurate words vs. the make up social justice malarkey "rent stabilized") is the first step in crushing property owner rights.