@Mark Gabriel what assumptions are you using for the above 4 items? 

Howdy @Chris WangeI am going to make a couple of assumptions since you have not stated this straight out.1.  

I have no knowledge of how that works.Vacancy (10%)Repairs & Maintenance (5%)CapEx (6%)Management Fees (0%)- I’ll be learning from this property, but hope to handle management alone.Future Assumptions: Ultra ConservativeAnnual Income Growth: 1%Annual PV Growth: 1%Annual Expense Growth: 1%This results in $573 in net cash flow per month, which sounds good.

My houses are in very stable nice neighborhoods and I think 2-3% appreciation is a safe assumption. 

Mary's Assumption festival ever August since forever, who brought some of his homemade kielbasy for your retirement party.Pittsburgh is a city of many neighborhoods and many close-knit municipalities surrounding it.

.$850/month with rent....Just based off of the 1% rule it seems to pencil...But there's so many other considerations to take into account....for example, a new roof could set you back pretty quickly....If I make the assumption that the neighborhood is good....property is not in need of repair.....and there's no other circumstances(liens on title ect) yeah, it looks pretty good....My suggestion is to get this under contract---with a good feasibility/inspection period(if possible). 

As a newbie, I am not sure if some of my assumptions are completely off. 

If they all aren't smoking deals, it might make sense to build a little experience and validate your assumptions before leaping in to 5 properties at once.

By my estimates, with some assumptions and just analyzing as a rental non-owner occupied you would have negative cash flow of about $500 per month.

It does make some assumptions:Purchase plus rehab is 70% of the ARVARV is the actual price you'll sell forYou're using hard money with a mid teen rate and several pointsYou'll hold about six monthsYour rehab estimate is accurateIf you can change any of those assumptions (e.g., you have your own cash) you can make an appropriate adjustment.