My agent (buyers agent) took some pictures and  I'm also planning on having the property inspected by a licensed home inspector.

I am still waiting for an insurance quote to have all my numbers to completely analyze the deal.. but I have the general picture down its looking like after everything I would have around a 25K profit.Pro's in my mind=-It's a complete renovation so I feel like that would cut out the "unforeseen issues" factor.- I am very confident in my ARV estimate because I just bought a home on the same street a few houses down- I will be a real estate agent by the time I would go to sell this house so I could save money/build my network etc..- The home would likely not be hard to rent, it's in a great neighborhoodCon's in my mind= -Its a huge project and I've never handled a straight up flip project let alone one this big.

Double check me on that, but I'm pretty sure that's a requirement.

Standard double hung windows are DIY and easy.  

So since the listing agent was going to double dip, she decided to go with my offer.

So since the listing agent was going to double dip, she decided to go with my offer.

Joe Villeneuve & Jay Hinrichs , Great discussion, I think I have a much better picture now.

Here are some picture.  

Wanting to invest in Real Estate for a long time but always thought I didn't know enough.I bought my own home in 2006 and this townhouse almost doubled in value.  

I love going to different homes, seeing the vast differences in quality and layout, comparing them to the local market, and putting it all together to make a "big picture".My largest challenge so far is developing an effective marketing system.