Would you assume these deals to be for real?

It seems that every post you've made here on BiggerPockets has been some kind of promotion for their site, so I'm just going to assume that your purpose here is to promote their website.Am I correct, or are you here to participate?

You now have about $12K invested in the property, if you include closing costs on the loan.You rent the place for $1050/month, and assuming an 8.5% vacancy rate (a month a year) and expenses of 40% of net income (a little low, but okay since you just rehabbed), you should see the following returns:- $40,000 in total equity created from the property ($120K valuation minus $80K loan)- Year 1 Cash flow: $862- Year 1 Equity Accrual from Payments: $894- Cash-on-Cash Return: 7.43% (not including equity generated by rehab)- Total Return: 15.14% (not incl. rehab equity or tax benefits, which are investor dependent)- Total Return Including Equity Generated by Rehab: 347%If you choose to keep the property for longer than a year, your total return will obviously drop, but you're still receiving nearly $1000 a year in cash flow, $1000 a year in equity, and still have $40K in equity generated by the rehab.Rinse and repeat...

So assume you're not starting out with a huge budget Then I would structure this with 1 campaigning with the goal of getting leads. 

I assume she's not making much cash flow, because the value is high and taxes and insurance would eat that up.

That assume you use hard money to fund the deal and you hold it for six months.

WOW....cannot wait to see that in writing somewhere.I am assuming that a 120 day late, that is cured, will be treated as a short sale, if not better?

Assuming that you can buy any of them for less than $5 on ebay I guess they're OK.

(Yeah, pretty freaking walking in and seeing a toilet sitting in the middle of the dinning room floor, but I assumed it was because they were handicapped) Finally after ripping out the kitchen cabinets, I found the leak in the 6" cast iron pipe.

Only you can decide what level of risk you are comfortable with.Oh, and about FSBO's...again, assuming you are a newbie, do you really want a cheapskate newbie SELLER advising you?