Many of them told me stories of horrible tenants with poor credit buying homes pre-crash.

These are just high level ideas that I'm trying to see if they warrant any further time investment to determine viability, or if they are just horrible ideas. 

However, we were getting charged crazy rates for the extra paperwork that needs done, and they were doing a horrible job (we found out later).

Hire a pro and let them handle it, or hire amateurs, buy your own materials, but don’t be surprised when you end up paying more for less quality then have to do it all over again because the job was botched horribly.  

So I am about to put an offer in on a great REO Triplex priced well below market. It must of been renovated by the previous owner before they defaulted. It is ready to rent other than a few minor repairs and maybe som...

Or is this a horrible investment because the net profit doesn't even equal the OPM I used?  

I used my own personal cash savings which later turned out to be a horrible idea.

I think my point also is for those who think that they can get into flipping with no money, Yes I know it can be done so many have done it but if you should come up on one that you made a mistake and you have no money its over.I do have to mention that as horrible as my story was- I've never lost money on a rehab to date- This was a close call but I didn't.  

Not all were horrible, the prevailing residential rates 15-11 yrs ago were 6.5% and I still had a few.If you do decide to pay this off (you have $210k lying around?)

Two things:1st Zillow is horrible and should not be used AT ALL for anything.