I agree with Chris, you really can't create an average to go by.

@Matthew Paul - spoke to the Wife and she is not comfortable with keeping our house as a rental. she strictly thinks the new tenants will beat it up and leave it in a state where we'd have to sink money into it to fix it up before selling. also, if we hold it for a number of years, she is fearful that it will be "out of date" and we'll need to sink money into it to remodel it as well.i am more of a risk taker than her and do not agree but we have to come to a consensus.we also would likely need the profit of the current home to move into the next home - for a down payment.creative options/ideas?

I also ask this based on the end investor, how much meat do you leave on the bone for them, as far as the equity between fair market value and agreed purchase of the note?

I agree with @Hank Keller on this one. 

Agree with @Lee Ripma.Rates are better for larger projects.

@Frank Wong, I agree, investment strategies are very tailored for each individual investor.

@Cornelius Garland Completely Agree on your comments.  

Brad had some great ideas on locations that I agree with. 

I agree with Darrin.

Although it can be time consuming, I agree with @Jim S. that personally meeting with the applicants is an important part of the screening process.