That way he doesn't think I'm pulling a number out of my butt with no credible back-up just to make a buck.  

@Wayne Brooks Thanks for the plug.

The methodology will be no different (study my butt off until I'm at the top of my game. 

After seeing this "SC sucks for rentals because of tax rates" argument a few times I thought "I am a huge dumb-butt I guess I never considered this" But it didn't pass the smell test for me. 

Is there a turnkey system for advanced investors to use to use with VA's to plug their leads into and scale up?

I've had extensive discussions with my insurance agent, my roofer, my contractor, etc. so when I plug in a number I know I'm not off.

Some of the expenses could (and probably should) change as you apply your operating style to the property, so be sure you account for this in your analysis.You can also plug the address into rentometer.com to understand how the advertised rents compare to the average rentals in the area.With these pieces of information, you can get a quick gague on how realiatic or fictional the numbers in the craigslist ad are :)Best of luck!

Just plug in the variables and you're good!

If you are marketing without good photography you wont get butts in the door.

There are too many "iffs, ands, or butts" for me to explain self employment income calculations on a forum.Generally FHA is frowned on for foreclosed properties.