I discovered this website that gives average Rehab cost based on regional data. Check it out and see what you think. I posted my region.
http://www.remodeling.hw.net/cost-vs-value/2016/west-north-central/

I've never heard of something like that other than those ads promising to make a bunch of money for joining their team.

I am just starting to understand real estate investing and Austin looked promising from growing IT and population growth perspective.

Or if the agency gets through they can hang up, make promises they are not going to keep. 

The returns look promising on some of these homes; however, most of these properties appear to be geared towards Section 8 tenants (and by "most", I think nearly all of them are open to accepting vouchers).  

I buy in depressed areas for the promise of economic comeback and high appreciation.

He has promised to send me pictures taking when he walks his dog tomorrow.What is the best way to handle this?

There are plenty of areas just outside of Sarasota that have promise as well.

What they are, I promise.

Joel Perlinger When you purchase, you promise to have the intent to occupy the home.