Too conservative?

I'm an older guy so I have a conservative tolerance for risk.

There will be extra fee's involved with a third party site aprox  3% surcharge... 

@Joe Belman I get the assigning part I sure exactly how to structure the deal because it wasn't a cash deal and how advertise a property that I didn't own but have interest in

If you love doing it and it doesn't feel like work, you'll be extremely successful it.The hardest part is taking the leap and just doing it.

All parties have good intentions but you will be wiser to start your land lording career with a safer bet.Laws vary from state to state on your rights when sharing your own private property. 

That would have been a win-win for both parties.

I am a broker...I can tell you, at least for our market (and I know other brokers outside of our market say the same thing), there is no reliable 3rd party data.  

I am looking to buy it for 50,000 all in, including repair cost ARV is conservatively 150,000.

While you are analyzing 4-Plexes in the Springs, I would raise your utilities calculation to $300-400 to be conservative.