Here are some rough numbers for my expenses so far:Purchase price: $1+$25 recording feeBack taxes: $2300Legal fees: $3000Rehab estimate: $5000Tax assessed value is $66k.  

Most are GURUs GURUs GURUs - you may not know but the local club that host the GURU, usually gets 50% of the sales after expenses are paid.

This option would raise our loan points by .625 extra points (not a major hike) and we would incur roughly $1,000 of extra expenses at closing.

People need affordable housing, yet we keep seeing tall, closet like, expensive apartment buildings going up in places where they could've renovated a home for a family.

I know the south bay area fairly well, but it's likely too expensive. 

Yes this park is only worth $300k.Something is up with $92k expenses.  

They have two programs - and the prices start at $499 annual subscription (but have to pay all at once, but tallys $33 mo avg)...and a more expensive Platinum Plan, that right now is almost another $500...but has additional categories, as well as being able to search according to Equity in the deal, and i think that is where they offer lots more offerings such as Loan/Mtg info; City/State Liens; HOA liens; and more. 

-Nail down a close market rent for the area and get a better sense of the realistic expenses -Analyze 1 deal everyday until I get comfortable doing it.

However the property taxes are expensive and eat into a lot of the cash Flow, any other investors who deal with this have ideas?

I told them the broker takes a percentage from all the closings and their admin cost should be either factored in or they should do enough volume that they're not passing on their expenses to me.