I decided I wanted to read more books and have a well rounded grasp of money and REI.

Once more and more people grasp the fact that the city is really bringing itself positive change they will realize that this once used to be a diamond in the rough that they walked away from.Michael, I definitely agree with you that there are some crazy things that happen in war zones, but at the same time at the end of the day if you know what you are doing then as you said you can make the most amount of money from these type of properties.

Either way, if you can't grasp those basic concepts, you're not going to be able to grasp why your hypothesis is not supported.Your correlation and causation is fancy in terminology(which you like to use) but irrelevant in this discussion.Actually, it's not fancy, it's seventh grade mathematics.Go find someone who is good in math/logic and whose opinion you respect, and show him this post.

If they seem to have a fair grasp of the items above, I'll ask more, such as the status of the plumbing, electrical, and HVAC and see what they can tell me.

This is pretty close to the actual average I've seen over a couple dozen projects as well.As Jon pointed out, make sure you have a very good grasp of the ARV.

Rentometer isn't going to be a reliable estimator -- you need to either talk to a local property manager who would be familiar with rents or do an analysis yourself.Next, make sure that you have a good grasp of the rehab costs.

Do you really think given the current state of the realestate market and millions of people grasping at straws to keep their home are not going to be asking for proof of ownership paperwork from the banks, and verifying the validity of the paperwork from now on?

I like the idea of being able to find ready willing and able buyers to buy up properties fast.Thinking about moving into the owner finance side of real estate investing, its just that I am not so much sure I understand it.Can someone give an example of a deal they have recently done, with real numbers, so I can begin to grasp the concept of owner financing, and where the money is made?

If you don't have a good grasp on operating expenses, I would suggest that you search "50% rule".

This is hard to grasp when we have been trained in an inflationary environment where dollars were worth less every day.