Is eating right (or in a caloric deficit) and working out "hard" or "complicated"- I don't think so... but a third of our country is obese.

But you'll see pretty good appreciation IF you picked a good location and the repairs don't eat you alive.And since we are on a 7 years upswing run of the market, I'd be even more careful with buy n' hold and try to get a sizeable discount to hedge against a potential slowdown.

Yes while all of these places have inherited traffic, do they attract the kind of people that will shop at your tenant's business or eat in their restaurant?.

Have your cake and eat it too. 

. :)2) Overall birds eye view, sounds like a solid deal3) For PITI unless they are from our area of NY and expect to add $600 a month in taxes it sounds high to them (which is why our appreciation is where it is........ flatline.........) so your numbers sound just about right to me (1,131 - 450 = 681 and taxes/PMI will eat that up if you using that)Overall it looks good, keep condition up to date, fix things as they arise and raise rents as they are able.

I don't have any rentals which aren't separately metered yet and if I get them I plan to run on the side of caution and will likely eat the utilities and increase rent as mentioned. 

We made a pretty solid offer (about 10% off list) with no seller contribution so if we have to play a little  ping pong it won’t eat into our cash flow.

When you have a turnover that could easily eat up all 15 hours in a month while others months it might be 5.

How to you eat the 25% down to get the first 90 unit?

Much higher cash flow can be found in the class D areas , but headaches and situations that eat up cash flow are very common.