I use a small buffer to eliminate the need to bill back. 

With that being said, you can get the answer to your question by process of elimination, i.e.. your all in price point, risk tolerance, how much of a return you're comfortable with, etc...

Purchase price: $95,000 Cash invested: $55,000 Sale price: $215,000 Pre-foreclose, elderly person living in the house in a extreme poor condition , we offer alternative for his living , We help the owner with a better place to live , we help the bank by giving them Money for a deal that will take a lot of money to be back and functional , we hale the neighborhood by eliminating a house that was a close to tear down and in a bad shape , What made you interested in investing in this type of deal?

After my divorce, I used the snowball method to eliminate my debt.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Understand you can not eliminate all risk, only mitigate it.

Our objective is to eliminate water / humidity near the building foundation and also get rid of these hedges that just trap leaves and trash beneath them.

Having a tenant in a property a potential buyer is planning on buying as a personal home will eliminate the majority of buyers.

Save 10%Put 20% into debt (attack one at a time by eliminating the smallest first)Live on 70%

As example, list segments in Lufkin for single family homes <$100,000 with 2+bathrooms (the county doesn't report number of bedrooms) owners known to have low equity eliminated: 208 Seniors, age 60-89, 15+ year residence96 Absentee Owners215 Owners with Low Financial Stability Scores, age 40-89, 5+ year residenceThese are great potential sellers for you to mail a letter of post card letting them know how easy you can make it for them to sell their house to you.

I then compared them in a spread sheet, eliminated any that fell outside of my criteria and did a walk-thru of the remaining.