Anyone possibly shed some light and offer insight on what is he better route and so on?

This also reminds me of hard money lenders where it is also more of a "hands off" way of investing and having the deals come to you.Base on your own experience can some of you shed some light on how you prefer to find or receive your deals? 

However, I'm a little unsure how some values were calculated.Assumptions:Property Value: $70,300DP (20%): $11,249 (initial investment acquired at 20% discount)Rent and market value appreciation: 5%Mortgage: 30-year loan at 7.43%Now on his chart on the first year, here are the values:Start of Year Market Value: $70,300Annual Price Appreciation: $3,515Year End Appreciated Market Value: $73,816Annual Principal Debt Pay Down: $420 Year End Accumulated Equity: $29,244Annual Cash Flow: $300ROI: 37.7%ROE: 16.7%I'm curious how Annual Principal Debt Pay Down, Year End Accumulated Equity and Annual Cash Flow were gathered based from the given assumptions.Anyone can shed some light on this?

Anyone who could shed some light on this conundrum or even go so far as to recommend a good attorney or CPA who is knowledgeable in real estate would be extremely appreciated.

Lilia I hope this maybe sheds some light for you. 

This chipped paint was on a shed in the backyard not even on the house. 

no services have been rendered as of yet. thanks so much Jeff Beardfor shedding some light, this is crazy. i had no idea how important it was to have an attorney on retainer...smh

This is just a portion of the listing: "The yellow garage that matches the house has a tool shed attached, in which our indoor/outdoor cat Morris lives.

Can any one help shed some light onto this?  

Hope that sheds more light on my comments, opinions and attitudes and that you can see where I'm coming from with any critical remark.