Comps are typically average home pricing for the area, which are normally no completely renovated.  

Hello,I am looking for a realtor experienced in short sales, foreclosures, and homes in general selling typically between 50k-100k in Columbus, Ohio.

Mike, Check with Essential Title.  

Otherwise it's in great condition, but it would not pass an FHA inspection. 4. 12 month rule - Typically, you cannot rent out a home that you have an FHA loan on until you have lived there for at least 12 months, unless you refinance to a conventional loan. 

While direct mail works, I get about 5 mailers each month on all of my properties and they typically go straight to the trash.

@Joe: If I may ask, what is the typical investment amount if you care to share that.

An typically add 500-800 cash flow to SFR in certain areas.

@Ryan Van Fleet It is not unusual to see $650 though I think $500 - $550 is more typical. 

Madison has one that meets twice a month which you could check out at www.madisonreia.com  They have about 60 investors meet at any given meeting and typically about 10 brand new investors will peek their head in each month.

Invest those profits into more property and essentially have 5 properties in your portfolio within 12 months time.