Hopefully, I can educate myself by then to be able to run the numbers with enough confidence to make such a decision. 

We also got through reasonably well with our other units which gave us confidence to keep plugging along.

Consumer Confidence will be released tomorrow, Tuesday (6/30).

(This has turned into a blessing though because now my partner and I are confident in our analysis skills and have found great deals in out of state markets we invest in.)Hope this helps!

However I am grateful for all the rookie mistakes we made along the way as they have given us confidence moving forward.

Knowledge is confidence, so keep at it and good luck on your first deal when it comes.

Since there is no arm's length transaction happening, most appraisers will come back with values lower (but within reason) of where you think it should be.If you feel confident with the traditional buy and hold play/turnkey option, and you understand how flips work, the only thing left is the refi in between.

@David Bain - are you confident you'll achieve a 300k ARV after a 10k investment?

The experience from this has given me the confidence to venture into more active investments. 

We are so confident in our service we offer a satisfaction guarantee.