I think the numbers you mentioned are doable.

But if you just want rentals on the side, that is very doable without going the wholesaling route.

It's going to require a little more work than your standard single-family residence but it's totally doable.  

I can see a re-roof or mechanical upgrades pushing that number higher than normal for a couple of years if he was making improvements to the property.On the utilities were any of those 13 units not paying utilities before but now are where again you could see if the lender will back them out as they are no longer an on going expense even though they were included before.It might not get you where you need to be, but it could be a start to at least get the expenses back down to 60-65% so maybe it would be doable with your lender.

One thing I will say is you can absolutely find great cash flowing deals in New Britain....Hartford may be a little tougher because of higher taxes but still doable.

A less than 5% vacancy is definitely doable even in a small market if you push it and run like a business and not just an investment.   

You have a great rate and a house that's getting too small, but upgrading to a larger home with a larger rate is not doable.

Conversely, he could give me a hundred books on his business and I would be really, really sad to tell him I couldn't possibly read them because the topic is such a snooze.  

It's very doable though! 

@V.G JasonIt’s still doable today.