If $300 is already taken from the security deposit now what will be left to cover the rest come move out time?

They have not officially announced the same for this year@Michael Garcia - Yep!  

People that don't have direction in life are awash with time or sadly people who don't know what they are doing are fighting so many fires they are wasting time, while RE pros (which I definitely am not and I'm a RE hobbyist) are so busy running their businesses, prioritizing their families, and trying to find some time for their rest and relaxation they don't have time to waste by committing to mentoring a random person. 

Most likely they will provide you with walls and concrete floors and you will have to finish the rest (bathrooms, interior unit walls, flooring, lighting, etc).

I think in reality they have done and probably still do all the same things that the rest of us do but you only see the best of the best for entertainment purposes only

HI BiggerPockets Team,First off, let me tell you that I am truly excited to be here (officially) and be a Pro member here at Biggerpockets!

I was wondering if you guys could run the numbers and give me a realistic expectation for a return.Here is an example property:http://www.realtor.com/realestateandhomes-detail/2...Buying price: $80,000 (20% down - $16,000)Total monthly rent: $1,475Taxes: $3,800Insurance: $800The rest of the numbers you guys can add in as you see fit.  

@Michael Sherwood I would love to move back and invest if the rest of my life (wife, job, schooling, etc.) makes it possible.

Chicago is an amazing city with great jobs (probably #2 behind New York for that) and much more affordable.Most of the rest of the country isn't densely populated enough with young professionals to register based on the criteria here. 

Owner occupied home: value at $525k (paid cash Feb 2013 for $360k and $20k in updates)Rental property: value at $240k (paid $211 cash May 2014)The rest in retirement/cash investmentsSo we are using the equity in our home at 80% of value to invest using HELOC to invest in flips and pay for our daughters college.