And, I know, supply and demand, people always need somewhere to live, but in a health industry, sub-par businesses will eventually fail. 

Account Closed You will probably have some challenges raising funds if you have no experience, poor credit, and are putting no money into the deal.  

If it's at 60% occupancy it's either because the property is in disrepair or there are market issues keeping tenants away (war zone, poor local economy, lack of local demand for property type, etc).   

Commercial value-ad is a completely diff game, but a lot of the fundamentals are the same-- distressed sellers, poor planning, repairs etcEither way this stuff is fun to me and I'm passionate about it, I just need to get organized, and figure out a new game plan (And stick to it). 

I had another borrower forge a recon / satisfaction on his health club .. my loan was removed. he was an ex NFL player.his HI status in the community kept him out of jail just barely. this is more common and if folks really understood it it would be rampant..

There are a limited number of small multi family units available.Cleveland heights has some 40,000 some thousand people as well but it is widely diverse from the border of East Cleveland (a low value urban area) where the residents go to that poorly performing school district to high end "mansions" in a couple neighborhoods. 

@Kelly Byrd I always disliked fees for new leases and always felt that was an incentive to get poor tenants.  

I set up auto pay to pay mortgage, HOA fees, insurance, and one non escrowed tax bill directly and on time.I set up auto transfer of funds for the reserves to the joint reserve account and transfer of cash flow to the joint collected cash flow account.We do a lot a travel in our retirement so I try to automate as much as possible.Yes I am new to Mint and it does consolidate all these as well as your personal ones into one place.I guess you could set up to Mint accounts if you wanted to separate business and personal.The AI features allow you to train the transactions Mint brings in to be: "Rental Income", "Rental Mortgage" "Retirement Income"in my case , Rental Tax , Rental HOA, and any other Schedule E items that you have each month. and other tax return categories like Health Ins, Dr's, Rx etc.You can "tag" each transaction for multiple search returns such as "tax item", "rental #1"I have found that with a mortgage from Wells Fargo, they don't charge or have minimum deposits for each back account.  

I've read Rich Dad Poor Dad along with other books just that have the same emphasis for motivation to investing, even read BP's book Rental Investing which had some detailed information.  

Do not attempt to take any shortcuts in this matter and put you or your maintenance staff at any health risk.