I do hope every portal publishes results as deals mature....With respect to the actual calculations, when I dug deeper into the numbers I got a better understanding of why the wide deviation in Target Returns from deal-to-deal and why those Target Returns seem too high for my comfort level (if it is too good to be true....).

AnnaYou want someone on your team to have MLS access to do comps.A buddy finds deals walking his target neighborhoods going door to door speaking on behalf of the local politician.

I will definitely be calling some property managers and learning more about my target markets. 

Here is more information about what this will include:http://www.biggerpockets.com/renewsblog/2010/03/17...Let's say you determine your fixed costs to be $20K, then your profit would be:Profit = ARV - Purchase - Rehab - FixedProfit = $154K - $98K - $26K - $20KProfit = $10KIf you've like to define your own profit target, rearrange the formula and then you can let your other numbers determine your maximum purchase price. 

Test different ads that will draw in sellers and make sure your ad targets the type of seller you are looking for (foreclosure, probate, landlord).

target purchase price needed repairs total invested annual income taxes (1%) maintenance, repairs, vacancy (25%) insurance (.5%) HOA Total Expenses Income after Expenses Interest on purchase price Principal on purchase price Total Mortgage Total Expenses (including interest) Income after Expenses (including interest) Cash Flow CAP ratio cash on cash return

I'll almost always target a cash flowing property with a target return in mind that needs as little work as possible.

Population in my target area is 40K, poverty rate is at least 25%, and we are doing well with rentals.

I've always had the goal to have my real estate income on my "fix and holds" provide enough TOTALLY PASSIVE income for me to not wake up before 11AM and always be able to wear flip flops, from anywhere in the world :) More recently, I read some of Ali's blog posts, and it's a much more explicit and targeted form of something that has been less explicit in my own goals, investments, and work flow..For now, I've been outsourcing whatever I can.

My attorney told me that if you are targeting non listed properties,  that there is no fiduciary responsibility however there is an ethical responsibility.