I also know this is dependent to the states as well, but generally speaking I'm curious on a federal level. 

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

If you can get a local agent to pull a list of recent transactions, you should be able to estimate, based on the photos, what your target property will sell for post-renovation.The repair budget is the list of repairs (with estimated costs) required to make your target property look like the "ARV homes" you found above.

Investors, bankers, agents, newbies and pros are all invited to join. 

Even if you don't have an agent, you can go to Open Houses when they have them on more investor properties and get your feet wet off the computer and in the real world.

If a seller had a listed property, they GENERALLY are paying for the commission of their realtor and the buyers agent commission (if the buyer was represented as well). 

Real Estate Agent?

As a local investor and agent here in Columbus, let me know if you have any questions or want to connect!

To adapt, I'm focusing on thorough market research, diversifying my portfolio across asset classes and locations, and maintaining liquidity to capitalize on emerging opportunities.Completely agree with you, I am a Real Estate Agent in Panama City Beach, Fl. 

Partner with local Real Estate Agents:  Partner with agents that can help market the property to their network of buyers.