I don't mind getting my hands dirty especially if there's a payday. 

Rehabbing a property will build instant equity and since you updated most items of the house, I would think the maintenance costs would be Lower.

Got a good deal, got instant equity, took out a line of credit on the equity, and started flipping houses with that line.

The fact that you drained your IRA for this move without leaving something for the future tells me that you were caught up in thinking you could make a great payday.

I have a 762 FICO and can put up to 25% down on both buildings.Some instant appreciation may be attained by updating the units and a Community Redevelopment Assoc has begun improving the nearby (less tan 1/4 mile) beach access road to attract more businesses & beach goers, which hopefully will also lead to added natural appreciation in time, once completed.So, am I doing these numbers the right way and what are your thoughts about this potential deal(s)?

I have found a site that lets me make them from my own handwriting for free and instantly at www.paintfont.com (in case anyone wants to check it out) but all of them are so uneven and they do not look good to me when I print.

Buy bad properties in nicer areas, this way you can turn them bad properties into nice properties and reap the reward instantly.

Numbers are great,.I met a broker here in GA who is instant, even obnoxious that I should sign his fee agreement for 10% that if the seller doesn't pick up the whole 10% that I will pick up the balance. 

From the looks of this deal, you may be able to pull off a nice pay day.  

That way you will have a better understanding once the time comes for you to get a property under contract and turn that bird dog fee in to a bigger payday.