@James BitakisThe number looks tight.  

I would personally hold tight at $345K.

to be competitive  - get 100%  pre approved with a lender using whatever hypothetical scenario you want to use so that you are prepared to provide a tight / strong  offer to a seller when needed ….consider making the  closing period  as short as possible and  try to get some money earmarked to  provide as  your earnest money deposit 

It's a great way to cause everlasting problems and alienate your family.IMO have your girlfriend tell her parents that she needs to rent the property out for a profit because money is tight.

The hole to get in there is only about 20 by 40 so it is a tight squeeze.

I have great respect for J Scott but with labor rates and availability in Utah right now that would be a real tight budget.

Margins are extremely tight in areas I'm interested in flipping.

. - the current trend of businessmen in suits wearing pants that look uncomfortably tight and show a lot of sock between the tops of their shoes and bottom of their pants.

It becomes more involved for you though, since normally your agent keeps track of deadlines and makes sure each step happens at the appropriate time.

However, this deal is extremely tight with financing and the hypothetical new building would not cash flow well enough if it has the same attributes as the first building (if it cash flowed at 5k/month like the first building, we’d be adding 4.5k/m of debt because it’s 75% financed which would be too tight and not worth the effort).I’d find a use for this 250k - maybe several smaller units, a syndication….etc. 250k can do a lot of work and purchase a lot of solid units to increase the cashflow and very quickly get you over the original 5k/M.