Picture an updated 2/1 1/2 and detached 2 car, Pail yellow with white trim and we are standing inside looking out a large picture window at the river and she says; " I have decided that I'm moving in to this house for myself" and I said "I hope you sleep on the left side of the bed because I sleep on the right!"

So here is what I am looking to do.I want to provide information and be able to learn by reinforcement of knowing which property the person closes on and why as a way to "get my feet wet", but be paid based on the number of properties presented meeting certain standards so as to avoid doing anything illgal as I understand.I am thinking my task would be somewhere along the lines of1) Look though all the properties for sale in a particular area online. 2) create a spreadsheet that lists various details such as: "adress of house, city, mortgage payment, estimated value of house, actual listing price, rental estimate, number of square feet, est price per sq ft, and one quick measure of value to narrow down my list would just be a formula that's something like yearly gross income after mortgage payment but before vacancy, insurance, taxes, damage repair and misc operating expenses, etc divded by 10% of the listing price or down payment... and any other information that the investor would like on there that I can reasonably list with ease...3) sort the spreadsheet by some metric that the investor prefers such as the return before non mortgage expenses mentioned previously or price/sq ft or price to the price estimate.4) For all properties that meet certain requirements, such as priced below the estimate price (Zillow.com estimate) by a certain amount, and/or yearly ROI based on 10% down on mortgage, mortgage payment and I could then go into more details and put together documentation which would...a)include # of bed, bath, year built, etc)b) attach any and all photos if availablec) misc information that could be useful.I don't know how to do repair estimates, but if there is some resource on how to learn I would be willing.Would this be something that investors would find useful?

It's a 2 bed 1 bath in the 38126 zip code of Memphis, TN.

I've put in an offer on a house with almost exactly the same numbers.Offered $31.5kReno budgeted for $15 to $18kLooking to list for $105kA similar house sold for $121k and that was with 1 less bed and bath

They are single family homes, 3 Bed/2Bath foreclosures, sale prices ranging from $20-28K and requiring $8-12k in rehab, in neighborhoods with comparable houses currently going for $65-90k.

Lowest cash deal was $45k for a bigger house with an additional bed/bath.

Property is a 2 flat total of 5 beds 2 baths, but has a unfinshed garden apartment below grade. after rehab rental income would be $2200 if garden unit is converted. total debt service is $900. annual rent of $26,400 -debt service $10,800=$15,600.

Property is a 2 flat total of 5 beds 2 baths, but has a unfinshed garden apartment below grade. after rehab rental income would be $2200 if garden unit is converted. total debt service is $900. annual rent of $26,400 -debt service $10,800=$15,600.

As I mentioned before I have under contract a 3 bed 1 bath home.

My last rehab cost me about 3500, for a 5 bath 2 bed house.