You must avoid the 2 most common mistakes, over estimating ARV, under estimating rehab costs.

This strategy is quite common. 

I also have a wife and son at home, and while they weren't fond of me leaving at 6-7am and getting home at 8-10pm, they will certainly love the vacation we'll be able to take =D.All of that being said, I wouldn't line up that type of deal back to back to back as it would end up taking a toll on me, and persona/family time is important to one's mental health.

They are the "I wonder what they can offer on my house" crowd that's just curious what you can do.When people are really motivated - due to financial or health issue, job loss, inability to make payments, inheritance, etc., they will gladly invite you in.This is real estate.  

Our preliminary results are very promising.Best Health treatment >>

I realize that Aaron is not the most common name ever, so perhaps it's a fruitless exercise...but I'm viewing this as an opportunity to create a "Pongo the Real Estate Investor" identity.

75% is pretty common.

Also, is it common for seller's to cover closing costs?

The decision may hinge on whether you are moving a few miles away or a few states away.You'll have to meet health and safety code requirements and perform maintenance and repairs on the property yourself, or hire others for these tasks whatever you have decided.

Once there is a common understanding of what it is and what it cannot be, we will share our concerns and make recommendations for solving the problem.