After using a couple of deal analysis tools, I feel sick to my stomach that this may be a big mistake.  

We've seen many buy them, saying they understand what they are doing, then sell them after a year because they can't stomach all the challenges.The 1% Rule is only a tool, best used for screening through lots of properties. 

Negotiations are on the table, and even though a interest rate of 7%+ rate is hard to initially stomach it made sense.

🤷‍♂️Love this post and what Scotty posted.Congrats on your success thus far.As much as I love real estate and business it never is passive and never will be totally passive unfortunately.There is always a risk component involved and a reliance on someone.There will always be that gut wrenching phone call that makes the stomach turn.It all come's down to how much is enough for someone to live a happy life.I unofficially retired at 28 and am back chasing now at 36.Parents and family are getting older and have a huge will and in a way pressure to retire my old man.A beautiful person and father.I've checked off mum and uncle from the list hahaFew more to go lolI am and always will be a "real estate guy" per se but a few years ago I asked myself this question:"How can I get the highest possible return, with the least amount of risk, without doing any work and without involving anyone else?"

I stewed on this for a bit but found that it was tough to stomach being diluted 25% percent from the jump as a breakeven project would equal a significant loss of capital for myself.

He wants the house badly and he wants to keep his monthly payments below $1,400 which I am able to do for him.Well I guess that's one way to look at it, sounds like you are dealing with a millennial that is looking at payment and has a little cash.good for you, you'll end up foreclosing on the deal after he can't pay but I guess you will had made some money but will probably need most of it to fix it back up.seen this happen a few times, not for me but if you have the stomach for it.... 

That's kind of hard to stomach, and that in itself could be the cost of another SFH in my area.I also just despise paying high interest in general, so admittedly part of my reason for considering paying down the new mortgage is for peace of mind.

Sorry, it was just so much whining and crying about feelings that I just couldn't stomach getting through reading the entirety of the diatribe. 

Stacking plastic makes me sick to my stomach.

We bought at the peak of the market in 22, and can’t stomach the loss in equity + paying an agent to sell.