-Tenant started demanding more pest inspections minutes after I start to enforce rent payment.

In the event one or two houses does become vacant and you have used leverage/debt, hopefully you've received good interest rates making your payments affordable.  

You could utilize the cash as the down payment and you would be able to purchase a nicer property.

Keep the insurance in the homeowners name (you become an additional insured), get a durable power of attorney from the homeowner, and make the payments on time!  

In 2008 this happened because banks were giving anyone and everyone a loan regardless of the credit score, down payment, or income. 

Hi im considering Wholesaling to help me with my down payment on a Multifamily and I would like to do both in the future.

This loan lowered our payments significantly and almost doubled our previous principle payments while reducing our interest payment by more than half!

TK investors generally only buy out of state because price points and rents are not inline to cash flow where they live.Hopefully that property in Memphis produces money for you soon instead of being no cash flow, high headache from afar, and dead equity from the down payment not generating a return each month.  

If a monthly payment of $105 is going to sway you one way or the other you shouldn't be looking at the deal either way.

So, my numbers look like this:$1,580/month income$400 "lease" payment to Owner$80 Lawn/Snow$60 Trash Pickup$90 Water/Sewer$125 Electric$125 Propane for Hot Water$150 Maintenance $250 Property Tax$50 InsuranceShould leave a net cash flow as-is of $250/month.