I'm really into learning about REI but just starting to gather bits and pieces of information.

If your numbers are accurate, it would seem you have found the rarest of all beasts, a true no money down deal that still cash flows.

I don't know if the job outlook is accurate for NJ appraisers, as we are overcrowded in the residential market with appraisers.

I am gathering all of the tools I can in terms of knowledge to make the best decision I can.

How can you get an accurate inspection when water gas and electric are shut off

That will give you an accurate view of your cash flow.Mike

I use real life examples though to get as close to an accurate assessment from the gang as I can.

Mwarden did a good job explaining the reasons that the 45% to 50% figure is accurate.

Whether my definitions are accurate or not, would you give me some examples based on those statements?

I put on there "legal address to be attached by title agent".If you aren't comfortable with that, you can look it up on the tax rolls (which is not always accurate but is quick and easy) or rather you can research the last deed recorded and get it from there (normally a little more time intensive but more accurate).