One of the main challenges is that I can only afford to put 5% down, which would leave me tied to this property’s expenses for the foreseeable future, making it harder to pursue other investments.All of this said, I’m really struggling to stay positive about investing right now.

Deal structure comes as a result of identifying an objective (rental, flip etc) and then a property you'd like to pursue.

My calculations are based on 2 sets of numbers - the numbers the seller has provided, and my own calculations accounting for 5% for vacancy, 5% for repair, 5% for capex, 10% for property management and actual costs for property tax/insurance.I am trying to decide if this deal is worth pursuing or if I should walk away due to the premium on the homes.

I hope that negative comments don’t discourage anyone who reads this post from pursuing their goals.

First step is to narrow down what strategy you want to pursue, then choose the market based on the strategy. 

I am extremely interested in pursuing a career in real estate.

Varghese, if you'd like to pursue, keep me in mind because I may know some local resources who I could get you in contact with. 

Quote from @Chinku Prasad: First, you can contact your insurance provider to see if they will cover the damages and then pursue compensation from the other party. 

My big goal for my career if I pursued this would be to be developing commercial real estate projects and building a portfolio of my own real estate investments.  

My dream is to have the freedom to pursue my passions for people leadership, engineering, and a healthy lifestyle outside of the corporate ladder.