A little back round on me, i purchased my first home back in 2012.  

TimUsing round numbers, you said you budgeted $21K and spent $27K. 

First rounds in me!

For instance, if a property comes back from a BPO/Appraisal data round, and shows it is fractured construction, you will need to apply construction diligence ideas to it.

I agree with @Chris K. that only after they've passed first round of application process/screening would this seem necessary.

Welcome from Round Rock!

I do have 2 jobs, I do private care(2years) also I am a Property Manager (6 years).Just to give you a little back round on myself.

The head of them is perfectly round, so I can't figure out how to remove them.Do I just remove them like a nail?

I am calculating it as:20% of (purchase price + repairs +other costs)= 0.2 x ($75,000 + $20,000 + $10,000)= 0.2 x $105,000= $20,000 (rounded to the nearest $5000)I've lost two other deals using this formula, and after that and looking every day for the past 6 months, I'm wondering if I need to reduce my profit goals in order to actually close a deal.

But if it appraises by even 1%, that's an extray $1,000 in equity, bringing my effective return to 10% ($1,000 cash flow and $1,000 appreciation), also, if I amortize it over 15years, I could have another $2,000 paid down in principal (just using a round guestimated number) putting me at $4,000 added in wealthy with $20k put down, giving me a 20% return, effectively.Am I looking at this correctly?