These kinds of deals look good on paper, but they usually never pan out to be good investments.

He is an actor and I support him doing this.

RTP is supported by The Clearing House.

I don't really understand what value you think you're adding to the forums by relentlessly posting these kinds of messages. 

Think of me like that old friend who can’t help but dish out stories over coffee; xcept my stories sometimes lead you to the kind of deals that nudge your portfolio from “just okay” to “damn, that’s impressive.”

Recurring, Single Time Fees, Late Fees) and Tax Support (export financials for tax reporting).Summary:Inaggo is the only completely free option that meets the requirements.

Another thing I am doing right now is looking for a mentor to help with my strategy, but in the meantime I thought I'd make a post and hear what BP investors would do in my shoes.For my situation, I am 26 and I have a very low income (55-65k annual) for my household and a growing family of 5 to support.

What kind of calculations should I use to determine whether or not this is a good idea?  

I'd also recommend joining a local Indianapolis based REIA asap. the REIA will provide a group of investors who could get you some contractor recommends if you decide to GC the prop yourself.You said it "needs a little work done" but budgeted $50k so those two things kind of contradict unless the home is a larger home...just curious, what's "a little work", if you haven't had an inspection yet and don't feel comfortable evaluating the costs on your own?

This kind of "deal" usually means the property is going to be very difficult for the seller to sell in present condition - they owe more than it's worth, or the house is in bad disrepair, etc.