Most people harbor pain and often guilt and shame from their past.

The pain and drama is not worth it. 

I have definitely learned that if I anticipate 3-4 months to "find" all the hidden gems (insane tenants or lack of them, bed bugs, "do it yourself" tenants that kill two units) that my patience and tolerance level to "pain" (pain = the dreaded phone call that you are not going to cash flow this month) is much higher. 

Nothing wrong with it as long as they are cool with it, but it was a little bit of a logistical pain with both our names on everything for a bit while we sorted out mailing addresses and such. 

I sent him a three-day notice and raised his late fee to $100 because he has been chronically late every month.

It was painful.

So I get it painfully (every morning). 

I did all my 1031 Exchanges since 2015, into 109 front doors presently on my own and boy that was a painful learning experience on my first two 1031 exchanges for a 10 unit and an 8 unit in Ohio. 

I am willing to go the HML way because this is a deal that will cashflow strongly and might be worth the hard money path and the short term pain. 

Haurandale being one of them , there are too many rentals in the neighborgood , and its post ww2 track housing , built on slabs with metal framing , a real pain to remodel .