Vacant 6 unit in a trust

[Renee Carter]

How realistic is the idea of a new investor partnering with a private money partner (debt investor) in order to gut rehab a 6 unit multifamily and get it occupied at 100% again and hold it for 5 yrs? I have read books and been on rehab projects. I actually have a good friend who is a general contractor and would do the rehab. I know how to evaluate a commercial property but I'm unfamiliar with the ALL acquisition costs. Is it realistic what I am trying to do?