(Side note: I have 2 different asphalt shingles brands on my roof and never new it until I was standing on it. 6/12 pitch, 25' feet up, each gamble roof side was different. ) If one roof needs to be replaced isn't the other roof needing to be replaced for the same reasons?

Does anyone know if that is accurate for Alabama or are there any other avenues that I have not thought of?

HELOCs work great for cash reserves on rentals as well.It would be tough to accurately project your new rental property cashflows if your down payment came from a HELOC with a variable rate.

A new agent may gamble that with the extension of tons of effort a wholesaler relationship may lead to a listing but an experienced agent will know that the time extended on that would be more productive elsewhere.

It takes a lot of time and skill to price a distressed property accurately, your essentially trying to do a real estate agents job and a contractors job all at once. 

@Tim Thorndike I can't answer your question specifically, but the CBRE Cap Rate Study for the first half of 2018 is a fairly accurate source of cap rates on a bit of a macro level. 

Just pointing out that the graph you choose to use doesn't actually support your statement..... your statement may be 100% accurate...... but the graph you choose doesn't prove that......

Keep in mind I can’t see foundation, wall issues roof etc    Looks like a lot of room for profit if the fix up cost is accurate and it sells close to the 113 

Those posted rehab numbers are certainly not accurate in today's market here in So Cal.

A good contractor will help you figure out more accurate costs for your detailed projections.