I think they will nationalize them, get them up and running again and then sell the stocks back at a profit allowing freddie and fannie to return back to the private sector with the government making money on the investment...

I just want to know to based on the comps and repairs plus im looking to make a profit of $10k...Would $80k be a reasonable offer?

A theory that states it is possible to make money by buying securities, whether overvalued or not, and later selling them at a profit because there will always be someone (a bigger or greater fool) who is willing to pay the higher price.

The other expenses you outline were also included in their profit and loss and, therefore in the NOI.

Majority of the auction properties here in my area are bought by the bank.The few that sell to investors are at high prices with very little profit margin.

and all costs (out of pocket) you spend must be recovered "before" you can make a profit. 

Because my current apt (soon to be listed) is a rental property I have to buy a single family, condo or a duplex for rental purposes to qualify for the 1031 exchange (to pay little to zero taxes on profit). 

I walked in and smelled that familiar smell of funk and burned almonds. 

Good insight.And yah, I’d love to see verifiable statistics on success rate, profitability, etc of going fsbo vs. listing with an agent.

I theoretically (stuff happens) should be clear of the interest on the credit cards and be able to turn a profit?