If Johnny has 10 apples, and 20 people want apples, how low will the price of Johnnys apples go?

Do one task at a time in each app so you can compare apples to apples.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.

That should cover him and you, all verbal is dangerous as one contractor might miss a lot, one might expect more work, then you'll have apples and oranges bid.

The returns are all based on the deals and the leverage is similar. 5 smaller properties is more liquid and the risk is lower since finding 1/5 bad apples is better than finding 1/1 bad oranges.

They go to Miami to shop for cheap clothes and buy a few iPhones for cheaper then they can in their home country, maybe buy a condo in Brickell to stash their money because they don't trust banks in their home country, and then fly home, never seeing any part of the U.S. outside of Dade County. 

The best and most accurate way is to have your real estate agent run the comps.If you want to do it yourself you can look up CLOSED SALES on Realtor.com, Redfin, Zillow, etc.Just make sure you are comparing properties apples for apples when determining the ARV.

Once you get a few more properties under your belt, and you feel comfortable then possibly venture out into buying and flipping.I'm starting out and buying and holding myself for the cash flow.Here's what I'm doing:1) created a keyword on biggerpockets.com for "Jersey", so that I can find networking groups in my area.2) searching for networking groups on Meetup.com 3) Had a real estate agent put me on the alert list for any more Multi families in my area.4) search craigslist.com everyday for new Multi families5) analyze the new listings by using the analyze tab on biggerpockets.com and an app for the iPad and iPhone called "evaluator".I look forward to seeing what tips other investors have to give and to see what they have to say about my advice.

I'm a flipper, yet there are a lot of buy and hold types in this market, it's about 2 hours from the Big Apple (dated).

The only way it will be an apples-to-apples (or bacon-to-bacon, whatever you shop) comparison is if you have an absolutely identical grocery shopping list week after week.

You can try some of these - Landlordy, DIYlandlord, Housters if you have iPhone/iPad.