You always compare what something will cost you versus the income it actually will produce.

Thanks.As an example of purchase price offer versus net proceeds, take a look at the numbers in this title rehab deal I posted last year:  http://www.biggerpockets.com/forums/311/topics/156821-title-rehabwith-final-numbers?

I will definitely be logging on for many more podcasts, just need to improve my web speed at home. 

There has been gang activity in this neighborhood in the past, but the city has taken measures to improve this and things have gotten better....Is it safe to assume that it's only going to continue to get better?

You will likely hear far more issues about her health once they're in, and more demands for repairs, improvements, rent reductions, etc.

Sure, the FHA mortgage insurance will hit your bottom line, but you only have to put down 3.5% versus 25% (on a fourplex).

I have been looking at all this great advice from BP and it was so informative that I decided to become a member, the company my husband and I started rooted from a home improvement business and just flourished into us wholesaling and investing.

Apartment complexes with a lot of improvements?  

Over improving a rental property is one area investors turn a money maker into a money pit.

Run the scenarios for wholesaling versus rehabbing and determine what the profit potential is for each.