Dont rely on national number to drive your investment strategy. 

Drives me nuts. 

They're expensive, but I know several people who have gone thru each program and become what I think are successful investors, moreso than other programs. 

Its also a good idea to keep any receipts (I use a google drive folder, they have a scan function that makes uploading receipts a breeze)

If you ever go down let me know and I can have our plantation foreman walk you thru the business end.  

But, there are other strategies that can counter balance at least one of the disadvantages.  

As an invetsment-friendly agent (based out of Houston, TX), I’ve seen how the right professional will help you analyze cash flow, manage comforatble contractor bids, and even drive for dollars if you want a broader look at potential comps or deals in the neighborhood.

I sense a bit of "purpose" that is driving you that you may not have thought of.

Buyers don’t care if you shelled out more on the rehab, if you’re priced too high, you’ll end up sitting on the market way longer than you want, driving up holding costs.Lastly if your buying on market, REO or Corporate sellers are dominating and not as willing to negotiate as owners would.

Happy to talk thru options for what you are looking for!