I guess this is where the 50% rule can give a quick reality check and that ends up about $145 cash flow, but the low cost of entry gives it some credibility.As it stands this looks to be a mediocre deal that needs massaging to make it a worthwhile deal.

I paint on canvases with acrylic in my spare time and also have lots of experience painting walls.

If you aim to make your numbers look like they'll break even, you're liable to massage said numbers to make them work, rather than remaining dispassionate and investing based on the numbers.What are your specific financial goals with investing in real estate?

When this happens, they have to "massage" the search range to include other properties that are actually comparable.  

Getting the property under contract at the right price can be the next challenge -you may have found what looks like a good deal , but may take a bit of massaging to get the seller to meet you on your terms. 

I had a friend at the same time I was getting my real estate license getting his massage therapy license, and to give someone a massage he had to have more state required class time then I did!

It also points out things you may have overlooked, which will have to be fixed & paid for.My first advice would be to check out other properties in the area - don't put in a jetted soaker tub & tile surround when all the other places have acrylic tubs & glue-up surrounds.

A mentor who is doing it for free is getting paid by having his ego massaged.

Not seeing how to massage you from the mobile app 😊

So I can no longer work as a nurse in corrections a massage therapist my 30 year careers gone in an instant.