@Elia Caputo so, how many properties can you realistically acquire?

Realistically, what would you want to see from a private lender?

Literally trying to dig up dirt to help me stay objective and realistic, found this thread.

It's not realistic to think that everyone will get along.

My ultimate goal is to build a portfolio of rental properties.I’d love to hear your thoughts and advice on a few areas:Income Potential – What should I realistically expect as a part-time agent starting out?

I've seen this systematically now particular in Philadelphia where appraisals or official Arv's are above realistic market value.  

(Some of us have more than one...)So here you are.Your first step should be to get the facts and then reassess your options.You'll need realistic and accurate estimates of your ARV, your remaining repair expense, market rent, and total projected holding costs.If you run your numbers and you can still make this work as a rental, then great!

of course all of those things help cash flow but is it realistic will it work.also your more than 300 negative as you have no money for maintenance or cap ex.the easiest way is to reduce debt. or if you think there is really good upside just pay the negative its just a small number who cares . 

But I am a realist, I accept things for what they are and move forward.

This is is a very good area and would actually live in 1 unit, so 3-4k negative cash flow for living expenses is ok, as any house w mortgage would cost that.https://docs.google.com/spreadsheets/d/1tfbjOlyVsGW3nHLVPk_R...Key questions/assumptions:- Total for this deal in cash is 300k, anything else (reserves, renovation loan etc) would need to be a bridge loan or hard money- 1 unit is vacant and current rents are VERY under market, projected rent is what seller gave as realistic.