I'm hoping to connect with individuals (or networks) from whom I can learn and hopefully provide some value of my own.What I've got to offer:1) I'm a proactive learner - I enjoy absorbing knowledge, asking questions, and challenging basic assumptions.2) I don't take myself too seriously and actively try to avoid being an *******.3) I have found decent white-collar success; I am the VP of Analytics at a digital marketing agency.

What other expenses need to be accounted for, and how what are recommended assumption rates (vacancy, capex, repairs, etc...)Any guidance would be appreciated. 

Im going to make an assumption and assume that you mean you want to get into private money lending.

I know it's near the lake which makes the house more attractive and the ARV will be higher but my assumption was she was the owner of just the house and not the land? 

But I still need my hundred and twenty in cash and you can take over the payments on the 330. (3/3)That payment is right around 3800 Piti on income of a little bit under 7 Grand if you got them all rented (1/2)So I can't take a partial assumption on one property out of the 5 property package.

@Terri David you're right with most of your assumptions.

My assumption was that I could get AT LEAST four conventional mortgages without having to consider commercial financing.

Running my numbers on the refinance, here is what I think I was seeing (and please feel free to comment on any of the assumptions I used, as I don't have a lot of data to support my estimates).Appraised value estimated to be $141,000, and knowing I can finance up to 80% of that, I could realistic pull out up to $112,800. 

I know you will its about acquisition and sale, but sometimes you can do all your research but until you put the  house on the market you will realize you assumed things wrongly and as they assumption is dangerous because it makes ASSUME (read it separately).

As such, it's quite amazing to me that you can make an assumption that his capital gains would be significantly north of 500K.