However, don't miss a great opportunity because you think your entire business system needs to be established first.

What’s missing?

We got our loan as a special "first time home buyer" loan that came with a second mortgage to make up what we were missing for the down payment.

To keep business and personal investment seperate.Is there anything I am missing here?

Am I missing something from my example here? 

Miss 'home' very much (esp. every winter) but it's been very good to us here & REI has been very, very profitable.

You can still miss something but if you know the process you can get really good at it.

@Parker Eberhard:-)I believe ‘every view should be beautiful’ in a home, and all the talk about ROI means sometimes aesthetics, the arts and serenity are missed.

CapEx reserves should be minimum 10% for a building like this depending on the current condition.Also looks like You’re missing a few expense items like trash, general maintenance and repair, landscaping, management etc.  

The SJW's are just puppets whose thoughts are carefully molded by by the advertisers (both the radical and the armchair variety SJW).Don't miss seeing the forest for the trees in this Media hyped "SJW Landlords are bad" thing (they want people to focus on the carefully selected trees they are Advertising).Just my 2 cents.