Appreciation will not save you over the long haul, look at the situation in the present.

@Jose Jose, glad to hear you're thinking about this- water savings are an amazing way to increase your return.

MF large apartments is an area I might suggest you look into and put some of your savings to work investing in passive plays as well.  

The single loan aspect saves a lot of money due to the fact that you only close on one loan.  

if he takes care of all that it may be worth it, figure out what your costs would be to hire outside services and see if it saves you money, is the place that big that you need an onsite manager or will it cost you less to hire a PM company ?

Thank you @Ned Carey I took this investment course on line,  im putting the piece of puzzle together. 

I just got my interest peaked in my crazy online search for and affordable real estate investment but haven't the slightest clue as to if I should even begin to peruse just for informational purposes or actually roll up my sleeves and go for it.

I get nothing for referring you other than the satisfaction that you are going to save a ton of time over using QB!  

I am a college student trying to put some cash I have saved up into a rental property.  

I have 2 full time guys who save me 1000s a week, a few part timers and dozens of contractors.