I ran thru those small little issues and made sure that were fixed to my satisfaction before final payment.

Hey Mitchell, Doing a fix and flip in today's market with high-interest rates can be challenging, but it isn't necessarily a bad idea.

The 10% to 18% cost of the DST would be applied to the entire amount of the investment, whereas the capital gains tax would be applied only to the gain.

He wants the house badly and he wants to keep his monthly payments below $1,400 which I am able to do for him.Well I guess that's one way to look at it, sounds like you are dealing with a millennial that is looking at payment and has a little cash.good for you, you'll end up foreclosing on the deal after he can't pay but I guess you will had made some money but will probably need most of it to fix it back up.seen this happen a few times, not for me but if you have the stomach for it.... 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Welcome to BP - think you are definitely starting in the right place - house hack duplex to start the real estate investing journey should be a solid bet - don't need a huge amount of capital either if you buy smart

Seller has mortgage on property unknown amount possibly 600k.Any thoughts on attaining financing.

Borrowing Against Equity: Costs and ExpensesCost of Cash-Out Refinance or Home Equity Loan:Interest Rate: Assume a 4% interest rate over 30 years.Monthly Payment: Approximately $716 per month.Total Interest Paid Over 30 Years: Approximately $108,000.Closing Costs:Typically 2% to 5% of the loan amount.

They're only required to repay you for health, safety, preservation of the property....fixing broken windows, roof leaks, locks, etc.#3. 

Let me know if you ever have any questions in regards to fix and flip lending .