The problem is the wholesalers and bird dogs are crawling through that little square like cockroaches.

Most agents will do some type of disclaimer on the square footage, saying it's based on something like sellers measurements, property records, etc., and they're usually not accurate.

I had a question I'd like to ask to some of the more experienced investors - when looking at a potential property, what are some of the red flags you have/might encounter that make you walk away from the deal?

Square the back, fancy the front, 2-3 ridges on the roof and all hip with a gable on the front.

Wikipedia says the perimeters are: 54th St -71st St East of I-95 and West of Biscayne Blvd Miami is a red hot market right now but properties are still as cheap as chips in the ghetto that stretches out West including Brownsville and Liberty City- cos yeah, no one wants to risk getting shot for buying a cheap property.

Hey Gang...I was hoping to see if anyone has found a software that can take property characteristic information off property search websites like Realtor.com or any other type of real estate web site and automatically filter property characteristics by number of bedrooms, bathrooms, square footage, etc.into comps?

The house we ended up with ended up being double the square footage and bedrooms than was listed on auction and we sold it for a good profit.  

Homepath has renovation mortgages, which requires much more red tape and leg work on my part (I suppose the same with 203K loans), but...I'm trying to look at REI from a more corporate, long term stand point. 

If your investor stops for any reason, you're back at square one.

I agree with @Terrell Brown and would add Pennsport and Passyunk Square.