Having always been a "numbers guy" and having lived here 20+ years - I'm pretty realistic in my evaluations. 

I spent too much time explaining the value I bring as well as the time and money I invest to find, research, marketing campaigns, qualifying the buyers situation and evaluating the deal before I make and offer...I believe my time investment is worth a reasonable assignment fee since, Ive helped the seller get out of a property that is a burden and I've helped a rehabber to find properties they will profit from and employ people with families. 

Thank you for sharing everyone/ I am going to rip up carpets and see what it looks like under and evaluate from there!

It's important to evaluate income and projected expenses and capex in your evaluation.

I've been actively looking through & evaluating MLS deals, and the numbers just seem really tight now, with even homes that need work selling around $100/ft2.Feel free to PM me if you'd like - would love to hear your experiences so I can maybe tweak my estimates a bit.

So, for experienced investors/rehabbers, if you were evaluating this property, would you build in siding replacement as part of your rehab cost and go ahead and plan on replacing with another material (Hardie, LP Smartside?)

Check out what you can afford in FL and evaluate what you're able to fix. 

You evaluate a NPL by looking at the unpaid balance (UPB), delinquent taxes, current market value of property, and potential cash flow if loan is reinstated.

Obviously, you'd want to look at other data, such as home price/median income ratio, in evaluating whether housing is absolutely cheap, but home price/gold is an interesting data point.What I also find interesting is that home price/gold seems to suggest that interest rates do not have a substantial impact on the relative value of home prices, despite conventional wisdom. 

We actually have been evaluating a very good deal  but it has just been reduced by 30% because the owner needs out quickly because of personal reasons so I think it will go fast.