@Chris SalernoHi Chris,Decide if the book is about 2 to 4 units, (5 to 99 possibly break this down further) or 100+, and have that in the title.Chapter 1.

. - You may want to break them out.

As a landlord, one rule that I don't break is being ethical.

And lastly, if people you already work with become "difficult," how can break off that relationship?

Breaking news !!!

Depending on how bad is the foundation state (how many inches you have to correct), is very possible the sewer line will disconnect/break in the horizontal portions.

That is 8% yearly.  4k per month might break the bank. 

If you're in Cleveland...not so much.So the market really matters if you're looking through the lens of appreciation.If we break it down simply on cashflow, then from the limited information provided, it's highly likely you're going to be bleeding money each month (especially if you're living in one of the units on an FHA).Side question: Can you actually use an FHA on two separate buildings even if they are on the same lot?

Add about 30% from $1700 of property management, capital expenditure reserves, and vacancy expense, now you are at about $1930 in total expenses per month, net cash flow of -$200.You can decide to manage your self and then you are break even.It not a bad deal but you should ask yourself is there a place you can get a better return on your investment.

That will be the make-or-break from a cash flow perspective.