But if you plug in your own numbers into the basic analysis, it should help you think about what the upside is and whether it's worth the risk.My own opinion - the current owner wants you to pay too much for potential income that will take a lot of work to realize. 

If you would prefer to get really good at one strategy, and then move around the country plugging it in where it fits, then that works too.

Your agent and lender do not have to suffer the consequences you do so ignore their advice and simply cover your butt.

I want to congratulate you and plug your software in this post: https://www.youtube.com/watch?

Here's the thing, I used Zillow's recently sold feature to look for them because they have a really easy interface/map system, but when I later plugged those properties into my MLS they didn't show up as ever being sold or even listed.

Cover your butt.

As you've already found, BP is a phenomenal resource for this stuff, so be sure to stay plugged in here as well as in your local area!

In box me so we can discuss real estate and get you plugged into the market here. 

Immediately off the bat it looks like you are losing 2800/month but after plugging in some numbers (you're provided numbers which I am assuming you already researched) it looks more like you're losing 3400.

Please ask questions and stay plugged into this network.