That will give you the true range and help make the best pricing decision.

From this data, you can utilize a website bestplaces.net that will give you a breakdown of the percentage of homes that sold, in various price ranges, for a given zip code.

in that range...

It's usually in the mid 6% to high 7% range.

I would offer in the range of $65 to $69 just to cover the repairs, which places you "after repairs" with a 30 % cushion.

The property is a newly renovated house in the Hollywood Hills area where rents are relatively high (comps suggest rents will be in the $8500-9500 range) and tenants/buyers here can be more particular than in other areas.  

I saw a lot in C & B areas and your price range fits those, not A.  

Most hard money lenders will require 20-25% downpayment, so as long as you're looking for properties in the sub-$500K range, you should have enough cash to get started (that said, I like to be very conservative, so perhaps stick below $400K).As for your other questions, use the search feature here on BP and/or check out the best-selling BiggerPockets flipping and estimating costs books:http://www.biggerpockets.com/flippingbookThe flipping book actually lays out Steps 1-20 to completing your first flip (20 chapters, step-by-step). 

I acknowledged them and respect them.

Pricing ranges wildly due to the different models so make sure comps are really comparable.