.- they're telling me it will be a complete rehab costing $40K, and judging from previous photos of the interior I saw on another website, I can believe that - it looked like a hoarder's home, and they've already removed 2-3 giant trees from the front yard that obstructed  the house.- they're telling me they have an algorithm they use with purchase price, carrying costs, closing costs as well as renovation prices that gives them the purchase price of $91,900.

@Dick Stevens that sounds about right for me.

Talk less and listen more.You can act as a referring agent and receive a fee if you don't want to act as a full time agent.Don't get involved into agency stuff (listing, selling, open houses, floor duty) this will only sap your time and energy from your real goal; making offers, making money, building your real estate empire and creating a giant net worth.

I had a 5-unit giant hacked up building in Milwaukee years ago.

That would also be a good opportunity to bring on an additional partner/investor if you don't just have a giant pile of money sitting around waiting to be spent.

I've been interested in real estate investing ever since hearing Gary Keller speak, and reading his book "The Millionaire Real Estate Investor." Out of college, I worked for a non-profit for roughly 2 years. Since the...

And you can rest assured knowing that your former tenant wont be looking to exact revenge cause you did what you had to do without being a dick about it. 

It is a marketing term that any Tom, Dick & Harry can use to SELL their properties.  

In my opinion Salt Lake County values will really go up in the long term as there is high desirability to live in some of these areas and limited land supply with two giant mountain ranges on east and west side of the valley. 2.

Not really something I want to worry about, and not something I would put past these giant lending institutions.