We're trying to determine if we should sell our current home or rent it out and what to look for in our next property in Rochester.More Info:We have a mortgage on a 3 bed/1 bath single family home that we got through an FHA loan.

Any recommendations along those lines are helpful although likely harder to find.   

You have to have faith in the government that they won't change the rules on taxation down the line.

I am here at Fort Lee for about another month or so, if you're going to a REIA or want to meet-up for coffee, feel free to drop me a line. 

You can do a square footage estimate - but that is only an estimate, and probably not a very accurate one until you've got a bunch of experience under your belt.You can line item all the "stuff" - this takes a very long time when you're getting started, and it's probably not very accurate either, especially when you are pricing at the HD, but a lot materials are going to come from a contractors supply (if using licensed contractors), and labor rates vary greatly.You can try to get a GC to come out and give you an idea of cost - but be aware that GC's don't like this, especially when they show up and find "another cheapskate investor trying to slap lipstick on a pig". 

. (# of beds/baths, garage?

.- new electrical box and run a new line from the house to the street- installed new vinyl windows throughout the house- installed two new interior doors and 1 exterior door- had some minimal plumbing work doneWhat made you interested in investing in this type of deal?

I just listened to his podcast and I have many books lined up to read it looks like. 

After a week of craigslist emailing I found a lady that lived in California but had a very beautiful, 5 bed 3 bath, How did you find this deal and how did you negotiate it?

You could be picking up his share down the line.