When I look at a deal, I ask "If my assumptions are correct, then at what price is this a great deal?"

In addition, the property after value add is likely to have initial cash flow and, if I am correct about the continuing rent appreciation, the cash flow will increase each year while my fixed financing is constant (a little variance due to escrow holding). 

Having a PMP and Lean Six Sigma Black Belt certification have helped me create a process-oriented approach to executing strategy and analyzing data to prioritize initiatives as well as course correct well before issues become catastrophic.

You're correct. 

Seems to keep valuations pretty fair or you can agree on another valuation method.

depends on the area and size. central MWC (reno to 29th and between sooner and douglas) is correct, but there are definitely some pockets there that can score over $1k (north of reno before 10th between sooner and midwest blvd, as well as east of douglas in carl albert school district).

I am actually looking into getting into the  midwest myself,  you are correct that it is expanding greatly.

Am I understanding correctly that we’ll owe ordinary income tax, but since we’re living in the property, we -won’t- owe self-employment taxes?

Aim to buy “forever home” later on down the road, maybe at next correction.2. 

As landlords we would have a much more difficult time with an eviction than simply giving notice to a tenant in a month to month agreement that we aren't going to renew, correct?