Kind of hard to buy a reperforming 2nd with little equity for a realistic return if less than 12% when you can get 12% investing in a portfolio of such loans or better run by a company with a solid track record.

I have checked rental comps on the BP calculator and have found that homes in this area with these stats can rent for around $1100, but this is nowhere close to the required mortgage payment (Realistically I think I could have 2 tenants paying at least $1000 per month each, though this calculator has me thinking otherwise).

whats going to happen when a listing agent has 10 listings  pretty common especially in low priced markets Like Canton.. how are they going to handle showings and such.. its simply not realistic to think listing agents are all of a sudden going to handle buyers and sellers on every deal.

I am realistic if anything. 

They are very realistic numbers for what you would experience as a house hack buyer or renter in Colorado Springs.Buyer - Buying a 450k home at a 6.625% interest rate with a 5% downpayment ($22,500).

I think the best and most realistic way to see if your pricing is in line with the market is to check your competition.

But in what i assume to be an appreciating market, and in my situation is it realistic to follow those rules?

Your motivation will take care of the rest, but be realistic. 

New to Realistate, I found we have access to free information and books are inexpensive.

You can realistically expect 90% LTV/100% Rehab for an experienced flipper from a reputable source. 100% LTV exists if there is a cross collateral scenario. 65% CLTV max.