Imagine a young couple starting out with a combined income of $70K. 

Every single last thin dime they make is spent, and they can't imagine living their lives any other way.

I am not familiar with Waveapps but I can only imagine they have a classification for "owner contributions" which would show an increase in cash (asset) and an equal increase in your equity in the LLC. 

I'd imagine the insurance inspector didn't realize that. 

Even thought you will "make less" each month, I imagine the savings of cap ex and maintenance for the lifetime of the tenant as well as the lower turnover rate is much more worth it.

Imagine finding a great opportunity, but it's not right for investing. 

This, IMO, is how people spend a ton of money taking classes from gurus, but then never do a deal - they never find the one they imagined. 

My name is Mondre, I'm 25 living in DFW (Texas) and have experience in many fields but never would've imagined I'd be interested in investing in Real Estate.

Again this would be to prepare for an eventual eviction, where you have to go explain yourself to a judge.One tip I have, everything you do, imagine you are doing it in front of the judge.

I don't have a handle on estimating the rehabs but I can't imagine it will be less than $100K for each property.Question: Is a project like this - basically rehabbing 3 buildings and 12 units a viable project for a first timer.