The only thing that I can think of is that my memory is off and I was selecting homes from the list and not from the map, I don't want to sound like "that person" but I am confident that I was selecting properties through the map to ensure that I was getting properties in the same neighborhood.

I really doubt (99.99% confidence) that Torrance is more expensive due to more whites living there than blacks, it is due to the location, which in turn creates DEMAND and demand creates price increase.

They will be rented to traveling nurses and other extended-stay short-term renters.

We are working through gutting, remodeling, and furnishing those for $1150/mo extended stay for traveling nurses and other pros.

Ceilings were caving in, cabinets and floors were falling apart, and the house was just dated and ugly.The house was a large 3/2 next to downtown Conway, and the price per sq. footage gave us confidence that the property could appraise highly enough to justify the bank lending us enough money for the repairs.How did you find this deal and how did you negotiate it?

It looks like you covered everything, but here's where I would double check:Are you confident in $2300 in rent for a $100,000 house?

Fear, confidence, sharing the responsibilities with others, fun to do the work with a buddy, Etc. 

As a new investor I am not at a place where I can estimate rehab within any real level of confidence. 

I learned the in's and out's in just a few months and now feel confident in doing proper wholesaling fulltime.My one tip would be focus on sales. 

Visualizing Reprograms the Nervous System to Attain GoalsUsing mental imagery helps to program the nervous system, and impacts attention, memory, motivation, confidence, and self-mastery – all extremely important factors in achieving what you want in life.