Some of the major rehab involves Siding, portion of roof, new sidewalk, splitting electric (new panel boxes and meters), heating (new furnaces and re laying of duct work), water (new water heaters), portion of broken sewer pipe replacement, replace electric wiring to 2 units, new kitchen, bath, flooring, windows, doors (interior and exterior) in all units. 

I'm not 100% convinced the properties would appraise at $145K, in which case I'd be under water from the jump. 

Then I went to a few construction forums and found out that it is a pay per lead system for them.

Businesses will charge us for the visits and we will need to pass the cost down to tenants.As for heating systems, it sounds like even the gas on gas type heating stoves in living rooms (opposite sides of stoves) is not allowed too? 

You are telling me after you pay PITI, water & trash, set aside money for vacancies and repairs, you are left with a whole $1,250/month to do whatever your heart desires?

Can't hurt to give it a try - use their system to target certain geographic areas, interests, etc.

So while there are a lot of the nuts and bolts of how to do deals, where his program really shines is his focus on systems.

Then there is some added cost for splitting the services like water, electricity, HVAC. 

If you manage to ramp up a marketing system that supplies enough deals for you, chances are it would be more than you would be able to flip or fund yourself just starting out.

If there is a system in place, I will excel in the job.