It's $25,000 for 12 months of coaching, including meet ups where they introduce to private money lenders etc. 

Do they include property tax and estimated income tax from the projected profit?

For now it's business as usual.Major cities, including Phoenix, Scottsdale, Mesa, Sedona and others, have adopted their own STR rules and regulations, primarily requiring operators to register their rentals.

ORYour participation was substantially all the participation in the activity of all individuals for the tax year, including the participation of individuals who didn’t own any interest in the activity.

For those that had loss of use or ALE (alternative living expense) insurance, the insurance company was required to pay for your like-kind housing while you rebuild which includes furnishing the rental as well. 

When the cat leaves, the mice will play"As an out of state investor, the mice are always playing.It takes years and years to develop trustworthy relationships with feet on the ground.Even then, you will loose money just like we do to this day in Toledo to shady contractors, etc...And we have a whole team of people on the ground including myself and my co-founder.Granted, if you do it right you can find amazingly cheap deals, renovate and have immediate equity plus jaw dropping cashflow.I would advise moving to the market you are considering and getting your hands dirty for a few years.Easier said than done but if I moved from Sydney, Australia to Toledo, Ohio.Anyone can do the same lolWishing you much success

You do that because that 35% includes the cash buyer's profit on rehabbing it along with holding costs and other things.

These people include:@Dave Short@Shawn Holsapple@Ryan Mullin@Will Hull@Brett Snodgrass@Stephen Barton@Don HarrisAccount Closedand many more I'm forgetting at the moment.  

It appears the units are below market, however with some cosmetic repairs and perhaps some capex's I feel I could increase the rent by at minimum (based on local comps) 68%.I would offer 85% of list and estimated $20,000 in repairs/upgrades (this is probably a generous estimate - the property appears to be in good shape, basically needs a face lift).With all these figures, including the 50% rule, financing with 20% down @ 3.5%, I come out to a profit of $262 per unit and a cash-on-cash return of 9.53%.So, does this seems reasonable?

The the lowest downpayment FHA loans allow is 3.5%), so I would need  $ 7,000 cash not including closing cost.