I think of every property I buy as a "slow flip", I don't even try for the home run, I'm playing Moneyball.  

What I did not include were the legal expenses associated with two recent evictions as I figured that a 55.6% expense ratio would probably be pretty accurate over the long run.

I understand the emotional strains of running a business.

Or find other investments to build on a smaller scale for now.Some jobs are worth keeping in the short run for how much they can pay you now, you save every thing you can and invest it. 

My husband and I are not new to running our own business and understand the hard work and diligence it requires.

The units are pretty old so the cost to turnover is running approx. 4-5k.

For example, in East Gainesville a mid century SFR will generally run 80k with rents per month at .8-1% of that.

I don't offer late checkout often as I have already scheduled the cleaners to start at checkout time.I have told cleaners to feel free to pull into drive way at checkout time to motivate someone who is running late to pick up the pace.

The pet friendly rentals are always older more run down and cheaper. 

And that's if the property sells at $135k, and there is no over-run in renovation cost or time.