Just be sure that the deal is solid, you perform your D.D. and you're working with people that know the market and will give you "correct" and "accurate" information.  

Nothing in the world should make you suspect your projected cash flow will be more accurate than your first two guesses on price. 

I'm still waiting for that.I have some money I'd like to park and if what you said is accurate a 10% year over year return isn't bad as compared to real estate investments.

Zillow and other online estimates are usually not accurate.

You mentioned that credit repair has nothing to do with real estate, thats not entirely accurate.

But assuming fairly reasonable rates, you should have plenty more than $1,500 a month in savings.Maybe these figures aren't accurate for you.  

I'm assuming I should have some buyers in mind before even attempting to sign a contract with a seller; am I accurate?

Hey Simon,I'm building a tool that does pretty much what you describe, to automate what I'm doing in spredsheets.http://www.reikit.com/compsIt uses zillow/google maps data for lookups, but I use it with my own comps that I got from my realtor, then I run my own adjustments to get an accurate ARV.It's still early days, but check it out and let me know what you think.  

And I still haven't found the lists to always be accurate regarding equity.  

Higher returns (over 8% caps) ...This is simply not accurate.