Does it seem realistic, especially the financing aspect of it? 

I wish I was this smart at 25...I'm investing in Pittsburgh and your numbers are very realistic for a small MF here.One thing I would say about the difference between MF and SFR: in MF you are paying some of the utilities and in charge of the exterior of the property.Most of the small MF here are separated for electricity and gas but water and sewer separation can rarely be found.

If you sell, take the profit and use a a 20% down payment on a true rental property with high positive CF, you'll be light years ahead in profit by the time you break even holding this property and doing the rehab.Do the first step of the math:1 -  Figure out what profit you'll make selling the property.2 - Then calculate all the rehab needed, all the monthly expenses you'll need to cover holding it with a tenant in place (add in the monthly expenses when the tenant isn't there...as in rehab time), and subtract that from the potential (realistic...not high end wish).  3 - Multiply that number times 12 to get the yearly cash flow "potential".4 - Now divide the number from Step #1 by the number from Step #3.That's how long it will take you to wait for the cash flow to equal the dollars in hand right now.5 - Take the number from Step #1 and multiply it times 5 to get the total property value you can buy using the Step #1 cash as a 20% DP.6 - Compare number from Step #5 with Step #1 to see what you're losing in Property Value if you hold the property.7 - Find out what the potential CF could be on the properties you bought from Step #5, and subtract that with the number from Step #'s 2 and 3. 

For instance, for new construction, its more realistic to budget 5% for repairs and 5% for capex compared to a 100 year old home which you want to budget a higher percentages.Lastly, I would limit your criteria to 3-4 units and I am sure you will find more cash flowing properties.

Realistically - the taxes should only be about 2 months of rental income per year - so you should be able to make that up in a matter of months just from your rental income.  

Can a seller realistically offer Seller Financing on a property that they themself have a mortgage on? 

I will have a call with current GC next week to get a feel for their realistic timeline, if they BS again that might be it, then I will start calling others.Any info would be greatly appreciated! 

Hi All,  I am new to this and wanted to get some opinions on the deal attached and make sure that my estimated costs are realistic. 

You'll be dealing with real estate in some way, shape, or form for the rest of your life, so getting started early can really pay off over the decades ahead.As far as getting started in investing, I do recommend the Bigger Pockets Ultimate Beginner's Guide as a great place to start and you may also find the Bigger Pockets Podcast entertaining and informative.For finding investment deals and convincing investors to work with you on some kind of partnership arrangement, you'll need to learn (if you don't already know) how to analyze investment properties by the numbers (realistic numbers), and then when you find something that has better numbers than most of the other stuff you've seen, you'll need to communicate why it's a good investment to your investors.You may also want to find out what your investors' specific needs are, for example if someone says they usually want at least an 8% cap rate but will do 6% in XYZ areas, you'll be able to keep that in mind when you're looking around in the market.

I have a realtor friend helping me out with a realistic ARV.