After the value component is done, I assume a 2% rent growth and 2% expense growth for life of the deal.

There was a comp on Zillow that sold 3 months ago for even more than the Zillow estimate for the foreclosure property.

I great at different points of my life to write down my goals with all the needed components, such as specific, measurable and having a time limit...the problem was that I quickly forgot to pay attention to them and stay focused on them.I'd heard @Brandon Turner talk about the 100 Day Challenge on the podcasts and I decided it was time to sign up. 

The large components to any rehab project are: 1)Renovations Costs, 2)Holding Costs, 3)Buying/Selling(Closing) costs, and 4)Profit.

In my mind, this is a key component to me making my first RE purchase.

The 203K component of the loan is a rehab loan.

Highest comp on next street, which isn't as good as this street, is mid 600's (3300sf).

Anyway the contract is structured in a way for the unexpected investor to lose.  

    The beauty of creative financing is that there are many components so it allows a buyer to craft a good deal from one that may not appear to be that good or a great deal from one that is already good.

Problem is this would leave me pretty tapped out for cash reserves for our other rentals and unexpected expenses so I'm considering looking for private money for that.