The rent comparables, expense assumptions and capex budget look reasonable, although I must admit I have limited knowledge of the market this property is located in so I'm relying on online sources to verify rents. 

If you want a piece of mind, you can always pay for another inspection to compare.

See Chris' response -- you're living in one half, you need to live somewhere, so how does the amount you're paying compare to market rents? 

. $5 comparative market analysis - You give me the address, and I will pull up Active, pending, sold over the past year and leases within past 2 years.

In today's market, you usually don't make that profit on a fix-n-flip (for a comparable house).

Check this out and it breaks down the two options in more detail and compares them-https://www.biggerpockets.com/renewsblog/2015/04/1...

That's not to say that I'm under the illusion that I have any kind of comparative advantage over other investors just because I'm not afraid to gut a house to the studs, but I do believe it puts me at an advantage over most people looking for homes to actually live in.

Have you checked on places like redfin for what other comparable houses have sold for in that last 6 months?

Connect and PM me and I'll give you the names of who I know.Sam,  I've been a study of DFA for some time, still just a light weight compared to 1 or 2 experts in the some 1 yr old BP DFA threads.  

Just curious, are you finding it harder today to make the #s work, compared to 2 or 4 years ago?