How much money would it take to generate 800-1,200 dollars a month in cash flow and what would be the fastest / best course to get to the above?

Christopher Thornberg (one of my favorite economists, with a really good track record predicting CA trends), recently said that Bakersfield is one of the fastest growing areas in CA.  

Would love to hear (read) your thoughts on this potential deal:SFR - excellent neighborhood, excellent schools, 2/2, 1032 sf, built 1998Currently rented for $825/mo,  (lease ends 10/2015), no "make-ready" coststaxes = 1798 / yearProp management = 792 / yearfinancing = 17,000 down  68,000 30 yrs @ 4.5%comps in neighborhood sold recently 83k - 119kWhat do y'all think?

Not to mention long term holds as Brunswick County is the fastest growing county in the state.

What is the fastest and easiest way to determine market rent values?

i have been using an excel spreadsheet i custom built for what we need)

Sounds like you have great experiences to really excel at REI.I myself am a buy and hold investor, and we have a ton of investors here locally.  

Always do excellent work. 

Most go out only 20 years but I found one to go out 25 years.I would suggest making a list of every bank and credit union in Excel and ask what their terms are, how many they would refi, do they have the option of portfolio loan, etc. 

I've found the cash flow excellent in good times and bad.