Any SFR are going to be much older with outdated styles and layouts.

Flooring, windows, kitchen/bathroom outdated,ceiling, doors and interior paint and exterior.The majority of my capital would be stuck in the home until I flip or several years of renting (by increasing rent).

They are asking $120,000, which I personally think is to high after evaluating the comps and considering how outdated everything is.

These might be outdated. 

Both of these sites look very shady and out-dated and I can't find much info about them elsewhere online.I believe the guy "helping" me is going to get a portion of the loan (with interest) that I wont be able to pay back.

I personally think letters are outdated, unless your doing volume.

Look beyond the sellers items as this home is in good condition as well just outdated.

It needed major remodeling, the roof was collapsed over the family room, the plumbing was a wreck, horribly outdated, but it was in the most desired neighborhood on my list.

The databases often have inaccurate or outdated home information, and are not able to take into account value-heavy features such as floor plan, neighborhood, exterior appeal, interior flow, kitchen and master bedroom space, interior light, ceiling height, yard appeal, proximity to features that are positive or negative (park vs. apartment building/auto body shop), plus condo dues, amenities, and/or litigation status, along with many other things. 

Granted I still need to be between 150-175 for the numbers to comply.The second is a heavier remodel as it is completely outdated inside...