Depends on the risk of the deal, the holding time, and the operator's track record.Consider that investors regularly have access to projects from very experienced leads where the leads are all investing their own capital, and that common terms may be 7% pref, 75/25 profit split, and say 1% acquisition, 4% management, and 1% disposition.I probably wouldn't take a chance on a new operator.  

As @Paul Timmins mentioned The Book on Estimating Rehab Costs will really help new (and more experienced investors as well) investors get an idea of what repairs and renovations will cost. 

Currently looking for a CPA that has experience working with builders and real estate investors in the DFW area!Need help with tax strategies to intermingle new construction with real estate investing

Best advice is to listen to real estate podcasts, join a local real estate investors association (REIA), and to network like crazy with serious/experienced investors. 

There are some very experienced investors who freely share their experiences.

New to BP as well as R.E.I. and as equally as excited to learn from more experienced investors.

Find/Get a local and experienced Team that will help you get to success,  The main Team members are Attornies, real estate Agents, CPA's, Inspectoes, general Contractors, and Handymen.Always do analysis numbers and try lot lookat thee property before you make an offer or at least have a clause in the sales contract that allow you some time to inspect the property and Allie you to take out of the deal without a penalty that is above the earnest money you gave him/her left for earnest money.  

I'd like to convert this .txt information I have into an Excel file, ultimately with the goal of mailing to these people.I'd love to hear from everyone who has experienced similar data troubles as this -- please reach out if you've found workarounds to extracting usable data from these .txt files.Thanks!

We are experienced in real estate but recently started the investment aspect.

I'm in a similar situation as you... being new to RE investing, so excited, but also trying to build capital, loan options, and how to partner with experienced professionals.