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

@Anthony Thompson  not lots but I got 3 more in the last day so just want to be accurate and informed.   

*Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)*Don't allow for your own independent property inspection*Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)*Require you to pay for any renovation upfront*Sell only in cheap. low end neighborhoods*Don't accurately represent the neighborhood/property classification*Don't have consistent rehab standards for all properties*Don't provide a scope of work for the property*Can't provide references of repeat investors*Don't allow financing or a finance contingency (it can be a good indication they are selling above market value)*Don't allow for your own independent property inspection*Are not realistic with their pro forma's (i.e. they don't include vacancy or maintenance projections or use unrealistically low vacancy factors)*Require you to pay for any renovation upfront*Sell only in cheap. low end neighborhoods*Don't accurately represent the neighborhood/property classification*Don't have consistent rehab standards for all properties*Don't provide a scope of work for the property*Can't provide references of repeat investors

Time will tell if my forecast is accurate. 

I realize this is 3 years later, but aren't there too many independent variables at play for something so rudimentary to be accurate? 

This makes the most sense, but you must be crazy accurate.

Sure beats parking your money in a savings account making .02 percent or gambling on stocks atleast in my opinion

For what it's worth this is excellent and accurate reporting... 

It is more accurate to say that SC does not allow you to reduce your SC taxable income by your out of state tax losses.

Cons:All bills paid propertyCurrent Owner has 33 other properties don't understand why he didn't utilize the extra land on this property.Poor Management so financials and rent rolls provided don't properly accurately reflect what each unit collects in rental income monthly.Each Unit leases either Weekly or MonthlyMy Strategy:Renovate all 12 Units upgrade the appliances and aggressively market each unit Rent each Unit for a minimum of 475 per Unit without the all bills paid option to lower my expensesPut a Laundry Facility on the property there is a Barn that was previously used as a storage space that I intend to convert into a laundry facility.I will love to hear from the experienced investors and learn if my strategy makes senses or any suggestions you provide as this is my first big deal I am involved in.