For example, when you flip a home, you should buy it at 70% off the after repair value, this will ensure a 25%-30% profit margin once you sale.

My opinion is that you always visit to meet the team, see their systems and see the quality of their build and the neighborhoods their in at least once.

Sam, Property Pro Services is a licensed General Contractor and can do rehabs, repairs and renovations. 

I thought BP was a place to get quality professional advice.

My partner and I were able to close on a duplex for $33k with minimal repairs expected, but still anticipating $8k - $10k to be spent over the coming months.  

This will tell you that agents like them because of prices, perception, etc and that PMs like them because of ease of rent, quality of tenant, etc. 

Mainly cosmetics and minor repairs to the properties.

I think 1400 is reasonable for the area but I would say the quality of the home would have to command those values.

Your assets are light for a deal this size to qualify.How debt works and ratio's involved will likely depend on what going in cap rate the income throws off with purchase price.There are hundreds of items to analyze when looking over a retail property and takes a lot of time and due diligence.The items listed for roof, parking lot, etc. can equal in to the six figures in costs so very substantial to repair or replace.

My suspicion is that you are overpriced if your listing has quality pictures, marketing exposure on all of the “big” websites, and the overall condition is average or better.