Easy to adjust.  

Here is the #Original loan: $132,000.Original rate: 7.5% adjustable cap at 13 %.Monthly payment: $925Amount owned stsince default: $80,000Current Loan + default amount = $189,000Current status; in Foreclose, Bank said we can send in offer for short sale.Current Zillow est. property value: $140,000Est.

Don't start adjusting what you need/want to do or your exit plan to accommodate a seller that wants more than a property is worth.  

I would caution on filling more than one position at a time giving the new hire and the organization a chance to adjust thoroughly with each new team member.

Doing some estimated numbers, adjusting with all three of those above and an average interest rate, at 30 years, it still doesn't cashflow much, HOA fees are at 880 quarterly. so its looking like a more of a flip kind of deal. the listing was posted just a few days ago and when visiting the property with the REA she noticed what she thought was an investor taking photos. 

Rentometer collects data on area rentals, what it doesnt do is make any adjustments for neighborhood. 

This property projected total rents of $31,380 less 5% vacancy of $1,569 per year so $29,811 adjusted gross income.

Since Zillow isn't as accurate as the MLS, I always adjusted their sold values by about 10%  - so if they say a house sold for 100k, I'd be a bit more conservative and use 90k as my ARV.  

We are not handyman by any means, as we both work in the corporate world, but we make a decent stable income and have adjusted our goals accordingly.We are particularly looking in Ohio(Cleveland and Columbus) and Indiana(Indianapolis, Noble County).

Adjust to your market accordingly - but don't be afraid to go back a year or even 18 months.