I've gotten mine above 750 now so it's very possible with discipline and determination, all the ingredients you'll need to be a real estate investor anyway!

Your passion and dealings in RE have always been very professional and courteous and these are such big ingredients in becoming successful in this business.Great presentation and process in achieving your flip. 

LOLThe simplest guess is from the CAP rate, I guess he can't divide. :)

We also offer one more ingredient.

CAP rate is one of the simplest, yet most misused and misunderstood ratios in real estate analysis - as an example, you will often read posts here on BP where folks are taking about the CAP rate of a residential (1-4 unit property) as an indication of it being a good deal.  

For most folks, filing Sch E is the simplest and affords the same deduction.

I would also recommend a property with below market rents as the simplest value-play to start, as in your example.  

Due diligence, hard work, and perseverance are the ingredients that you must not go without.

In my opinion if they used some of the 10 billion they spend on  the IRS to simplify the tax code you might be able to do it yourself but today its tough just understanding and correctly completing the simplest tax forms. 

One of the key ingredients to a strong and vibrant neighborhood is quality housing that is affordable to average working folks.