But plug everything into 1040 schedule e... you may break even after depreciating .

I guess i need a kick in the butt to just go ahead and do this thing.  

Assuming they are current on their mtg, just plug in a 4.5-5% rate which was typical back then, and see the balance at eight years.  

Even if there is a place where I can plug in the numbers that could help me figure this all out

As a person who makes content as well for another industry, it's soooo hard to somehow plug in your content without feeling or sounding like a sell out. :) 

I plug that into my model and see if it spits out high enough returns that my investors will go for the deal and I can raise the capital.  

I want to ask you what you're plugging in for    cap-ex and vacancy and how you are analyzing that deal. 

Below is a list of "Quick tips" (plug Biggerpockets Podcast) since you are just getting started on your flip.  

I don't know how to account for taxes, PMI, homeowners insurance, and refinances, when plugging into a mortgage amortization calculator. http://www.mortgagecalculator.org/calculators/mort...If I give you a scenario can you show me your strategy for equity?        

Ok, so I understand that everyone's situation, property, location is different and thus I'm stressing that this was just my own personal experience and I'm over it - after only 2 weeks ;-)Beginning of the year I decid...