If so, doubling expenses to 31k including vacancies, repairs, 2x utilities would put it at a 11 cap rate.I would estimate lot rent as $350x 60m 189kAnd each home at 29k x9 261kTotal 450k, and these numbers are on the high side.Cap rate at 450k and most aggressive expenses including 10% vacancies and 10% repairs is 14.7Was appraised a few years ago at 550k before 20k homes flooded in our parish, and these were not one of them.

With an already low credit score, the chance of being approved for another credit card is pretty slim and the hard inquiry will lower your score even more, although probably temporarily.  

By chance my neighbors also had a friends that were looking for a bigger home than they were living in and things just kind of fell into place. 

Your Expense estimates are not realistic.  

Estimating $7,500-10,000 in repairs, less if I do some work myself or bring in a cousin who wants to get into flipping.

The estimation of repairs I wasn't sure on.

The down payment plus estimated repairs is about $48,000.

The the boiler is natural gas so I am looking for estimates on how much it would cost to install new gas lines, a new boiler, and then a second breaker box etc for the electric to separate the utilities amongst the apartments.

Most brokers will give any licensed agent a chance.

But, only because you chose to use a Refinance loan amount that is 50% LTV.The main problem is the purchase price is to high for the ARV and Rehab estimate given.