Do the math.  

Be cowered and did a 180, probably thinking, “time to find a new corner”...lol, well let’s say he was successful, I mean his story was believable and that Corning has a ton of traffic, so let’s do the math: if you can get at least 12 people to give you a dollar an hour for 10 hours a day, you can make $125 a day.

So I am a college student at Texas Tech University, major in computer science, and a minor in math.

It seems we will be doing the deal.Here's the math.     

@Marcus Green prices are just too high and rents too low for the math to work out in anything you'd actually buy, especially if you are living in one of the units.

I at some point will refinance, take extra cash out, and invest in other properties after doing the correct math and using Bigger Pocket's calculators and my own thorough research.How did you find this deal and how did you negotiate it?

The math you have shown should cash flow, that is just a lot of expenses, and 15% vacancy is not a number I like for expense ratio or as an indicator of local market economic stability and/or growth.  

The math doesn’t look good for now.

So how do I come up with math that I need to set the pricing range for a multifamily units?

The nice thing for me is the math is simple, and most of the procedures are proven.