This was an interesting practice since I discovered that I can get quite a bit of pretty accurate data from the web even before talking tot he seller.

They are great for the entry-level education piece, but as a person develops, they lack the higher sophistication needed for the more experienced investors.  

>but that's just day 2.I will admit that I would pay 12K and check out a class just to use the software that pulls comps, within parameters, finds spreads and deals on the MLS, finds pre-foreclosures, foreclosures, generates contracts, houses contact data, sets up the market for you.It just makes life easier, and if I can do a few wholesale deals through it, then boom, it's been paid for.

If you want to send me the address, I'll look it up with my data accounts and see what I see.  

But, based on other data on the page, there's no reason to believe the house is worth any more than what it's listed for.

There's so many different numbers and formulas, i'm lost in the ocean of data but clearly not getting to the correct information.I'm trying, for example, to determine if I purchased a house for say $150,000 and rented it out for $1,500 per month what would tell me if this is a good investment or not?

Again this all comes down to location, if this thing is in a prime spot, I mean prime to the point that its in a major city metro location with extremely high barrier to entry.

I have always known that there is a wealth of information on the "statistics" side of the system, but have never really taken advantage of it frankly because the amount of data is overwhelming.

We've collected all that data on the size and price of the other duplexes on the street, which is good to keep records of. 

The book shows you how to develop Momentum Charts on Existing Home Sales, Building Permits, NOD, Foreclosure Sales, and interest rates.It took me several days geeking out and collecting the data, but now I just maintain the data sets and watch for patterns.