Essentially I'm looking at It for two homes for 50k each.

The comps and the neighborhood have to support it also but I totally could have done a typical flip and made a generous profit as any flipper would but I couldn't live with the quality that it presented itself.

If you own little it's not essential.

One of the BP books I ordered that I am interested in is Raising Private Capital, which is essentially a how-to guide for almost anyone in any financial position and how they can continually build their portfolio by working with others and their money.

It tends to be  significantly more than a typical cost estimate for a sub It is always a good rule of thumb to judge rehab costs by if they have to come out and handle the scope of work or for lack of a better word everytime "they touch" the work your costs go up. 

It’s just like any other sale only they will scrutinize your preapproval more than a typical seller.

No assignments of contract, no resale or mtg for 90 days after your closing for more than 120% of your purchase price, plus other typical REO language.

If you think you’ll need to invest additional capital in them in the near future then you should make sure you know exactly where that money is coming from before you buy the property since your future employment is in question.The bank will look at your current financial situation, but they don’t typically inquire about your future state.  

For example, on the after repair value section of the calculator and the estimated repair costs, how do I find out what the typical costs are for a particular market (I know they vary from place to place from what I've been reading)?

My question is:  what does a typical rental partnership look like on paper?