But, this will be front-end weighted and gradually slow towards the back half of the year.

Are you working on any projects or targeting anything specific?

I was going to do this, but I changed my mind after talking with my target demographic (my kids).

Target Price: $575K-$585K; ARV: $625K+.

I think the answer to your question depends on the type of tenant you would be targeting.

Your target is skilled people who are under capitalized.

If foreclosure is what you want to invest in get a head of the game and focus on a target area and know if that HOA is a pain to work with, you might just find someone who wants to sell quickly to get aways from the HOA.

Not only does it hurt the returns, it is a very attractive target for ambulance-chasing lawyers and title fraud.  

And personally I put way more weight on buying the right location as a buy and hold investor than saving some dollars on the front end. 

Acquisition Target: $730K-$780K; ARV: $900K; Repairs: $120K.