Assuming you move forward because the underwriting checks out then you need to secure financing.Securing financing is easier said than done, and unless you have years of experience, successful projects and a fat net worth you most likely will not get financing from traditional banks or get rates that slaughter the economics of the project.

this is a belly to belly business.. unless you have 100's leads ... its not wise to do anything but make an appointment for a sit... then use your skills and sales techniques whether they are soft sell like Brian or hit you over the head the J Scott... but you would be amazed at the deals you make when they sounded rough on the phone and were completely different in person.I worked for 15 years shagging leads and doing in home presentations... its night and day from phone and in home.. and a really great sales men can turn someone around on a dime. 

You can most likely live for free or live for half of what it would cost for rent all while your tenants are paying down your mortgage, you are getting fat tax returns, and you have an asset that appreciates dramatically, especially when levered.

@Eric Oneill If you're holding fat stacks and staring at the Poker table it's smart to learn the game before you buy in.

Did many MF deals go belly up?

These people need you to communicate with them belly-to-belly, so you had better be willing and able to do that. 

@Scott Bell I wish they had better demonstration on the use of the calculator.

So they sent the notices there - fat good that did me, the tenants never told me I had mail. 

If I thought like that I would be a wage slave with low net worth rather than FI at 22 and took off nearly 2 years with the births of my two sons and now near fat FI in my mid 20’s.

The answer is a big fat NO.