A 2-car garage can make a decent 2/1 and in our area, that means an extra $900/month.

I.e. red light=needs my attention in the next 90 days, yellow light=needs my attention in the next 6 months, green light=does not need my attention in less than 12 months.The scale can be personalized to your own needs, obviously, but it's a decent way to organized your phased-approach to a big project. 

We think this also gives us our best chance at a decent return in the summer months.

If it's in the area turning around, it could be a decent value.

Since you're making decent money, I would recommend beginning to save up for a down payment unless you plan to pursue other creative financing options.

Do they have decent reputation for doing the right thing? 

We're comfortable with staying 3-4 years as we rehab/learn and gain some decent sweat equity.

Looking for B class properties that can provide decent cashflow without breaking the bank.

I am in a similar situation in that I have a decent income however, noT much cash as my primary mortgage is a big nut to pay.

That said, if you have other skills that would benefit an appraisal firm, (hate to use this phrase but it works) you are a self-starter, and find the right opportunity, I'd think you can be up and running with a decent income in a year or so.