Thoughts on the whole situation?

None of the numbers made sense for my situation so as I was running out of time I had to go to a new market.Out of state really isn't that hard.

I'm not familiar with California law (Assuming that is where you're located), but you may also want to include them on the lease, I had a similar situation with a tenant in Ohio where the parents prepaid rent, my attorney recommended including the parents on the lease vs just as cosigners.

Depending on your specific tax situation and bracket you will need to retain a portion of your profit and potentially submit an estimated payment in Q3 (September 15th). 

@Justin Fenlon , I can personally relate to your situation. 

Doing so creates unnecessary situations like this one.

@Brad Gibson in your situation you could even test a few at a time, give each PM one or two properties and see how they do, this might be easier to do when a unit becomes vacant, but either way it should give you some good information.

Im paying 570% of the cost of the received gas to receive the gas.has anything changed with your situation? 

My situation is that I had set my eyes on this house which is only accessible through Hubzu.

We want to do a live in flip situation and refinance once the repairs are done, to pull money out and repeat on a new deal.