A short sale has a certain prices required, including it being listed with an agent.  

Similar to Zillow and their zestimate, but I'd like to be able to choose which properties to include.

If you go pro on BP there are calculators to help you analyze deals including a rental property calculator.

I'm getting a Cash on Cash Return of 6.97% which doesn't line up with the 25.31% I've called the listing agent to explain to me how he got this information, as soon as I receive it and how he came up with it I'll post it here (Link to this information is in a pdf link at the bottom).

The investment, including all income and expenses, will go to and from your IRA/401k, not you personally.

Also, is there anything I need to make sure I ask my attorney to include in the note or the mortgage that any if you would recommend?

Hi Jimmy-I am also a newer investor from overseas, and I have been looking at various markets, including the Indianapolis market.

As you’re doing work, you might need to hire separate sets of craftsmen for specific projects, including painting, texture, landscaping, and cosmetic repairs.

My estimate does include a 75% occupancy rate so it's adjusted to reflect the slower months. 

With 10 of the 20 richest counties in that nation in my market (And that doesnt even include DC itself since its not in a county) I expect continued upward movement in prices.