As a graphic artist, I can make marketing materials, but without something to market it's not terribly useful.I'm not trying to be negative (or positive for that matter)... just trying to make a realistic evaluation of what is possible.  

Ive read and heard a lot of success stories and the fun parts of investing...but what realistically happens/needs to happen throughout the whole process...paperwork/money wise.

I have no idea if 80-90k is a realistic budget for a gut rehab in an that area. 

The MWR is to see the house to be able to give a realistic evaluation of the home. 

If you think of it in terms of ROI, at $1500 per month with a 25% conversion rate then realistically you should be able to close at least 30 out of 120 homes over the course of one year.

I could:1) Repair it now with tenant still occupying, but this is a very small house (1.5 story bungalow, 800 SF) and I feel like the time to have a contractor come in would displace the tenant temporarily.2) Give tenant 60-day notice and repair before selling (that is probably the realistic time frame they would move out anyway.  

The projected sales prices for the condos were highly inflated and not realistic.  

I love realistic sellers .

Not realistic?

1) Verify Experience / Check references of investor2) Verify Investor has substantial Skin in the Game3) Verify Deal is actually a deal (has enough meat on the bone / upside potential)4) Get 1st position (this specific deal 2nd position is best buyer can offer...bank will be in 1st position)5) Verify Scope of work makes sense and bids/costs are realistic 6) Check contractor(s) track record / references.7) Release cash in draw form upon completion of various rehab scope milestones.What am I missing (and what above is inaccurate)?