Prices are still very high there, compared to rents.

Is the $105K price on the low end of recent (<90 days) comparable sales?

You might be better off doing your own comparative market analysis by finding real comps of similar houses nearby that have sold in the past few months, and comparing.

Price of 1 bd condo is really cheap when compared to SFR or townhouse.

I'm also assuming you are comparing like houses/lot sizes/etc right?

There is no vacant ground sales to compare but a building lot of that size in that Township is approx $150,000.

Renovations for a flip may be considerable different than renovations for a rental.What are comparable properties selling for?

After Repaired value would be the value of the subject property in realtion to comparable properties in the immediate area that have sold within the last few months.

The Homevestors guys I know are currently buying mostly REOs, as the availability of private sellers with equity is nearly non-existent (compared to a couple years ago, that is).So, I imagine these guys are getting very little value out of their Homevestors franchises, despite their franchise requirements to spend large amounts of money on advertising/marketing.

Information to gather: Gross Rent Expenses Price Financing Options repairs needed copies of leases management agreements comparable properties for sale comparable properties sold etc...