I have someone willing to lend me the closing and down deposit repayment terms 5 years.now when i run my numbers the property cash flows $544 monthly that 544 would go to the person lending me the money meaning first 5 years i would have 0 cashflow. is this a smart move or dangerous. i see it as since everything is fairly new and my current property manager manages this property as well i would add another duplex to my portfolio with 0 cost to me more details about the property below One furnace new in 2014Newer water heatersNew Roof 2015New Electrical service 2015Exterior painted 2015All New windows 2014New Kitchens 2014

Other companies require that houses built more than 25 yrs. ago have updates to the electrical, plumbing, roof, and heating. 

You might have a better outlook once you assess everything that could happen, (repairs, CapEx, taxes, insurance, electricity, HOA, water, garbage, vacancy, evictions, etc.)I don't know if this calculator will give you the proper numbers since you are House Hacking, but it should be pretty close hopefully someone else can chime in with more info on House Hacking numbers.

Sometimes, they will require a total rewire for electrical.  

Of course the electrical most likely needs to get updated.I have a HML all lined up to finance with.

I want to ensure I fully indulge all my energy into becoming more familiar, before I go into my first duplex or triplex etc.

There are a lot of gaps in this story, but to make the story short, he has put a lot of time, energy, and money into working on this place in hopes to buy it. 

Very high energy, great communicator and has a good network of the basic contacts you would expect of an agent (title/escrow, simple contracting, etc.)Let me know if you'd like her contact info as well.

For example, I looked at a triplex and was told that all utilities are paid by the tenants but there was an monthly $11 expense for electricity.

You can chase a possible dead beat tenant or you can put your time,effort, and energy into fixing up the place and hopefully making a profit.