But despite those numbers, it sounds like you're just trying to force this one to work by massaging it a bit - which is usually an indication that you should move on.

Early on I started out with a 20 unit multiple property C-class seller financed deal and it almost bankrupt me as I didn't do my analysis correctly.It's great that the seller is willing to hold paper but be sure you aren't massaging the numbers to create a better deal than what's really there and be especially certain you have sufficient cash reserves to tackle a project of that size even if it's 100% financed.  

NEVER AGAIN, but I have learned a lot & massaging them is akin to poking a sleeping dragon.

I'm looking to massage my portfolio of 10 places.

But if an investment requires that you massage the numbers, make assumptions about rent increases, or under-budget the rehab, walk away and wait for the next one.Best of luck!

Massage the question.

Make sure your getting commerical discounts (we go down to 150 for ex) if your going to be a repeat customer, and make sure they use aliphatic acrylics before signing (when you ask if they squirm, they dont even know their chemicals).

Numerous people walking about, talking, some with drinks in their hands, noisy laughter from the living room and kitchen, and then 4 large women dressed in black came and sat at the side of my bed, 3 on the left side, massaging my left leg, hip to toes, and one on the right leg, massaging thigh to just above ankle.

The best advice I can offer is to ask him to use an ACRYLIC sealer(not water based!)

I am sure he probably still needs to massage the numbers a bit but better than excel spreadsheets and a box of receipts.