Pulling off a BRRRR requires an entirely different skill set, knowledge & work load.

Mold is all over the place, basically you will need to rebuilt the whole thing.If you can pull that renovation off and finish it with 150K, I think rest of your numbers are accurate ( rent, lawn etc...) and you  should go ahead and do it, but I would be careful about that number.

I've been following topics, watching videos, and too nervous to pull the trigger on trying to find and execute my first deal. 

A couple of months ago it was appraised at $400k, so I pulled my initial $250k out, and got a loan.

Way the worksheet is laid out, it will pull the applicable number to determine what bracket your capital gain will be taxed depending on your ordinary income level. 

Not sure if I'm ready to pull the trigger.

Heavily shopped refinances typically have much lower pull through rates than purchase mortgages. 

You can get an agent to pull comps for you off the MLS.

We'll refinance the property in 12-18 months, give our down payment investor a great return on their investment/give them equity as well, pull out tax free loan proceeds once we refi, and have a NOI of around $199k once stabilized.

Perseverance: I don't even have a count of how many showings I dragged my agent to before pulling the trigger.Action: I finally did it!