@Scott Freer, if it was you who arranged for those figures to arrive at exactly $50k profit (less tax), based on realistic rehab and ARV figures that you carefully researched, to arrive at your maximum allowable offer (MAO), fine.But if those figures were presented to you by the Seller (or agent), not so fine!

In my search for knowledge and aquiring first hand and realistic education, I think a job in real estate may help me learn faster and come with more 'aha' moments.

Everything has an anticipated life span but not everyone is going to own the property throughout that entire life span.Roof example, you buy a house with 5-10 yr old roof, you realistically want to hold on to it 10-15 yrs max and then 1031 into something bigger...

That's why I love commercial real estate.A few months time of income to make things work is not realistic.

I'm just saying be realistic and temper your expectations, especially in the early years.

Realistically though a no money down deal is tough to pull off, especially when it is your first deal. 

Therefore, it is not a realistic outcome. 

How much farther can you realistically go up without cutting too much into your profit?

I'm sure it varies but what are some realistic expectations of yours?

Are the lowball offers you want to make realistic for the property and the market?