So (and it's a HUGE assumption) that the listed units are representative of the property, you need to increase gross rents by 38% to get to your projections:$10,150 $3,857 (38% of current rents)-----------$14,007Now maybe there two units are small but larger units won't have to rent for a lot more to balance it out.

But then we also get the first year of double declining balance depreciation (straight line % multiplied by two) equal to $19k ($47.5k / 5 years x 2).Total write off for buying a Tesla Model X = $91.5k.

If you lack experience, another route is to partner with someone that has experience and balance sheet.  

Best balance if you really want to participate is to have  a JV agreement created and let the JV entity as a whole take ownership.

Most markets in the US have transitioned from extreme sellers markets to more balanced ones.

I feel there is a fine line and also see a lot of houses sit on the mkt for 2-3 months since they started too high and missed on a lot of rent so there is a balance both ways.  

Default owed, condition of property, loan balance etc and after repair value, then based on where you offer is, the offer that is accepted, its about what makes sense to make your money.

The buyer typically makes a down payment and then makes monthly payments until the purchase price is paid in full.Wraparound mortgage: A wraparound mortgage is a type of financing in which the seller provides a mortgage to the buyer for the balance of the purchase price, in addition to any existing mortgages on the property.

Or at least counter balance info with like a Mike D Arrigo interview perhaps.

This is a perfect balance between giving the tenant what they want and also protecting the condition of your rental property.