The seller wants 20% down on a seller-financed deal. 

Russel I would not say D that is a far stretch I will give it a c+ and this is a great time to get in on the ground level.

Based on my analysis, a good amount of the multi-family properties for sale within Blue Island would seem to cash-flow, but the sticker price on some of these properties seems too good to be true.

We have good cash on hand to start and very good equity in our primary home for any rehab costs.  

I'm planning on trying to complete 100 hours of material participation... 

But if a tenant defaults they have a right for due process to contest the eviction.We see people try and do this with having a borrower on seller finance sign the deed back over to the lender and if they miss a payment the lender can record the deed back into their name.

Hey Biggerpockets fam, first time homebuyer here I would like some opinions on if buying a house at almost your max buying power is to risky. 

A lot of this depends on what type of development you want to get into.

I own a small 2 bed/1 bath home on 40 acres 30 minutes north of KC.

When doing on your own as a personal investment, then not many.