@Steve Osowicz  I wasn't specific because I just wanted to know if my general goal was unrealistic.

Is that unrealistic?

That last one looks very unrealistic for the mls.

I have seen plenty of bank balance sheets where the mark levels are pretty unrealistic.

I still have a case of them, usually I only bother throwing them in the windows of my current rehabs and get an occasional call mostly from someone who has unrealistic value of their home.

Although it appears unrealistic, its neat to see dreamers putting a pen to paper and showing the world what could be done.

I hear the Oak Park area and certain parts of Del Paso Heights are improving so I'll begin looking in those areas and seek out some local agents that know the area well that might have visibility to some off market deals.I knew the 2% model that some in the Midwest are getting is totally unrealistic here.

IMO 15% is a solid return, some set a minimum at 20% but they're willing to invest more than I am to find those deals.The issue you have is it's an unrealistic situation.First of all, 6 units is commercial financing, not conventional residential.

These are not unrealistic things that could happen that could really make things complicated for you.

Then just talk to him, and be real, don't make things up or give unrealistic future projections.