You need to clearly define what you are looking for and go for it.Also, you need to be ready to move fast as the market is competitive and this will not slow down anytime soon.I'm happy to help if you have any specific questions.Goodluck

You need to know the life of the major components and their condition:Foundation - any repair needed will be a costly one.Plumbing - if cast iron, it rusts from the inside out so you never know when it's going. 

A SIMPLE Guide to Calculating CAPEXSO MANY INVESTORS CHOOSE TO IGNORE CAPITAL EXPENDITURES BUT I 100% AFFECTS YOUR INVESTMENT RETURN.There is a clearly defined way to come up with a multiplier you can use across your properties.

@Lonnie Thomas I pulled this from hud.gov that regulates FHA loans, hope this helps4155.1 5.B.4.aDescription ofGift FundsIn order for funds to be considered a gift, there must be no expected orimplied repayment of the funds to the donor by the borrower.Note: The portion of the gift not used to meet closing requirements may becounted as reserves.4155.1 5.B.4.bWho MayProvide a GiftAn outright gift of the cash investment is acceptable if the donor is the borrower’s relative the borrower’s employer or labor union a close friend with a clearly defined and documented interest in theborrower a charitable organization a governmental agency or public entity that has a program providing homeownership assistance to low- and moderate-income families, or first-time homebuyers.So if you can document the relationship of the gift giver from one of the above it may help.

I use rentometer as one of the components of calculating rent.

I would define B class as a 8-15 year old nice but not in a 5 star neighborhood.

They would certainly not have any fiduciary duty to the buyer but they would, if they were Realtors - not Real Estate Agents - be bound by a strict Code of Ethics as set down by the National Association of Realtors - and in the Code of Ethics;REALTORS® shall not, however, be obligated to discover latent defects in the property, to advise on matters outside the scope of their real estate license, or to disclose facts which are confidential under the scope of agency or non-agency relationships as defined by state law.

I have my own team and most of the time I only call my realtor to submit an offer because I have my 3/2 and over 1000 sqft criteria defined and if the numbers are not where I want them maybe an inspection contingency.  

I did not know the contractor had to be fully licensed and bonded or that the appraisal of the rehab amount was decided after the scope is defined.

What he fails to tell people is that your "income" is generally defined as your Adjusted Gross Income or AGI.