I am in a different territory than you are, but if you have any specific questions feel free to reach out to me and Ill try and answer anything that I can. 

@Brighten Miller Unfortunately, that does not seem right to me.

So, to me that doesn't sound much like a deal. 

@Zach Harsin  You stated its a double lot, which to me means that the lot could be split into two different properties. 

Wholesaling appealed to me because I want to start small and build my way up to larger projects. 

Financing the entire investment (through very creative means, which took me MUCH longer to figure out compared to finding this deal) seems like a no-brainer to me, but I'm scared I got something wrong in the math and this is not as good of a deal as I believe it to be.I'm a newbie, I quit my job in the Oil & Gas industry, enrolled in real estate school, completed it in 3.5 weeks and I take my test 9/4/18.

Assuming everything goes according to what you mentioned, it doesn't sound too off, if any, to me personally.

I manage my rentals through an LLC, so I'd be making these investments in accounts listed to me personally.  

I'm curious about what people think about Newburgh, it was suggested to me by a friend who is an investor. 

(I've owned a business for years, but don't have employees, so this is new to me.)