Am I looking at this correctly?

Your issue (as you have correctly identified) will be the lack of liquidity---rehab lenders don't advance the cost of repairs or provide the same to you at closing, but reimburse you after the actual repairs have been done.

They're looking at the bottom line sales price correct?

And if the postal carrier didnt put it message side up we are screwed...Unless your post card is the same on both sides..Mine is, Yes I took out the "reasons" for selling but kept everything else..Just food for thought..Michael Quarles

Just does not seem like a deal at all... assuming your values are correct!

GaryEDIT: Added numbers and corrected grammaticals.

Just for argument sake, let's look at this deal:NOI: $10,707 per monthMortgage ($1,500,000, 30 yr, 7.5%) $10,500Cash flow: $207 per month or $7.39 per unit per monthThis is a VERY POOR deal in my opinion.If my assumption is correct that the expenses are off, then this property is a BIG LOSER!

As a treacher, here is the problem/question: in order to coach you properly I have to make sure that you have all of the missing pieces filled in and also that you hae interpreted the information you found correctly.

Does anyone have any ideas where I can provide the correct info within the laws and still provide safety for my family?

Send them a letter with double postage and "do not foward, address correction requested" on the envelope.3.