Of course, if you are going the self-assembled team route (as opposed to full-service turnkey), there is the possibility that one of the cogs in your machine fails - your contractor bails or under quotes, your PM drops the ball - and you have to take a last minute flight to do damage control and find replacements.

I retired early two years ago and thought I would purchase a mid size MF to replace lost income.  

I have replaced the pump, had a well guy go over and said they are just using to much water, we have not had rain or snow and there is somewhat of a draught....i just dont know the rules on what is a valid reason for breaking a lease and what i have to do...i have done everything i can about the water...

I would also paint that garage door white or even replace it.

Replace mortgage interest with P&I payment.Remove depreciation or leave it blank. 

I am currently selling a house that needs some work (10K siding replacement) and updating but is still rentable.

The porch is falling apart, needs to be replaced, other fixes like the sidings on the house. 

This house will replace some of that lost income and help us to live financially free.Earlier I said the calculator was one of the most important tools an investor has.

It is way more expensive to replace a member than the few dollars you might save. 

I have a full-time job that I would like to continue working while getting started with real estate investing.My short-term goal is to replace my currently monthly income of about 3k/month (after taxes) within 5 years.