I dont really follow any other type of SM so i have to assume there are other sites that folks post on as well when they are upset with their investment and or who ever is running it.

@Cody M.I would add a Phase I Environmental Site Assessment as a contingency to any offers on properties more susceptible to environmental issues (dry cleaners, gas stations, auto repair garages, etc.)

Add $12k to your cost, generate an additional $200 / month in NOI, and now you’re at a 5.52% cap.

If things aren't looking good I'll bake in an additional 10% to protect myself.6.

Additionally, TurboTax won’t be able to handle the more advanced calculations you’re trying to perform.

the house has a bunch of equity, being worth about 750k when fixed up.I  know that on a standard convenetional mortagage foreclosure, there usually additional fees such as unpaid interest, attorney fees etc, apart of the princiapl balance.Is there a way to conservatively assess what will be the actuall "Pay-off" on the 1st?

Right now it's $1560 and I just got new leases signed for $1,550 which is what I thought the site said last time I looked but I must have read wrong. 

Consider the ones that paid $20k - $40k on their credit cards for the full mentorships, spent thousands more on data sites, thousands more still on direct mail, email blasts, then even more on SEO and SEM.  

We are still using all the pieces we bought from those sites to this day.

Shop around because the prices fluctuate between sites.