Many people may think there nuts but it tough to argue when they own over 4000 doors

I am really trying to be nice but all my warning bells are going nuts here. 

4.77% is nuts...you should be closer to 3% on a HELOC...with no out of pocket for closing...and 90+LTV...interest only payments on a 10 year note...Are you with a local bank or credit union? 

I'm confident that my market is fruitful so I have to take advantage.

I want to work hard and see the fruits of my labor.

@Hugh Horner Agreed, it’s nuts!

This may not be as nuts and bolts as your question desired but I'd say that you can absolutely do what you're doing if...1.

Smells like either a development deal that you could build a ton of nuts on, or the seller is full of crap.

Hopefully this move turns out to be fruitful.

I will likely need to avail property management for at least first few years since i dont know the nuts and bolts and with me and my wife working and a two year old at home, time seems to evaporate anyways.