SOMA Condo, Global City, Philippines Vacation rental (via Airbnb), 2014 average per month 600/month, 150K value, no mortgageLiabilities:1.

If we rented it out, we think our total costs (management company, monthly payments, 3%/yr repair estimate, etc.) would average $2k in worst case scenarios and $1750 in good cases.We're thinking about renting it out for a year while we move into an apartment.

It is unlikely a newbie now buying a far flung turnkey for example will come out better off than a simple index fund average.

Good luck on your test, it's not that bad, I recommend doing the practice test over and over until you average around 85-90% before taking the state exam.

I used a combination of websites to get an average ARV of a property. 1 of my favorite is http://findcompsnow.com/It was recommended by a seasoned investor in a REA meeting. 

The average 2b/2b in the same building are ranging from $260,000 and up to $400.000.

So yeah, the house may not be worth 300+ now, but you can be darned sure that the market will use that as a comp for the next one, and within 6 months to a year 300 will be considered average.

Is there a sweet spot to look for when analyzing a market to be a potential "flips" market with regards to months of inventory on the market and the average days on the market a house sits before it sells? 

If you hold out for the long term the average might be good but it you succumb to the herd's and get scared to sell off you can lose a bunch of money.What kind of doctor makes a difference with how much they make.

Download BP’s newest book here some good due diligence in Chapter 10.