Here's the link to that https://dor.sd.gov/Taxes/Business_Taxes/Publications/PDFs/CETGuide.pdfAs far as analyzing your deal, it's a no-go for me. 50k purchase and 20k rehab (pretty low estimate, and you have to build in a rehab contingency percentage for things going wrong) only leaves 30k for all of those costs, and with a 100k property you're looking at potentially 5-6k for the realtors alone.

Your numbers look pretty good.

There were others, it was pretty long but pretty informative. 

You need robust back end systems for tracking and escrow flow.5. you need some pretty good analyticals in your office to figure out values.6. you need very good idea on rehab construction and budgets.. 

As the settlement statement current is, I am withholding $5K as a security deposit until the seller vacates in 30-60 days with a post-closing occupancy agreement, before I knew of the problem tenant contesting a pretty clear-cut eviction process for non-payment. 

I'll be driving the Leesburg pretty heavily this weekend, just to try to make sense of the market and better/worse areas.

I'm excited at the new possibilities but also pretty nervous. 

Redlands is pretty serious about this stuff.

After awhile you will be able to walk through a house and get a pretty good estimate of rehab costs, etc.

Darby Township is actually pretty nice.