Your input was extremely valuable to me, as I've been struggling with the best response to give.

If you're going to use a "simple" method for analyzing rehab cost like the $12 a sq foot method, I would be extremely careful and particular setting money aside to go over that budget.

I can't give you a ton of advise here because my personal experience is still limited- I have a tiny 1 bedroom condo that sleeps 4.

Just running a spread on the MLS you are not weeding out the newly rehabbed, extremely distressed (tear downs), over priced and so on.

Even if "flipping" isn't your main priority it still contains a TON of information that is extremely helpful! 

That's just way too low for me to feel comfortable...even in an extremely cheap city.

My wife insists on doing the books for the business, and still does not like my investing, but admits that it has done extremely well. 

As of right now you still need to take them in the classroom but Ohio lawmakers are extremely close to getting a law passed that will allow you to take them online.

The consensus at a panel discussion at last year's IMN conference is that there are over $300 billion in extremely delinquent debt still to be liquidated to the secondary market, plenty to go around for all of us small balance investors. 

I am just extremely conservative with my numbers and I never count on appreciation, ever.