Please allow me to address a few of your above mentioned concerns.Received few deals- We try and keep our investors in touch with relevant inventory in which they're interested in.

Your relevant state agency is the place to start for information on both state and federal requirements.To your success,

Also, while this is not necessarily relevant to how you divide the equity, your original numbers only specify purchase price and rehab costs.

- where do I find relevant information about specific area? 

Here are the relevant links:MLS ListingFHA Loan Calculator (with property tax, HI, and MIP estimations)BP PDF reportIs it possible I plugged in an erroneous number somewhere to be coming up with -$452.24 monthly cash flow?

Identifying the correct agents that will find what you can afford an make money on is different.Would highly suggest interviewing some based on the following;Do they own and rent properties relevant to what you can afford and qualify for.

@Ashley Abramson,It does, and the language is somewhat reminescent of a standard inspection narrative, BUT I'd recommend someone licensed for foundation work (if relevant there), etc do the work, that puts you in the right and takes some of the liability off you.

But really, everything Chris said is true - it was a great episode because of its geographical relevance.

If you have sufficient reserves, and the property cash flows day one in a market with strong economics/demographics, I don't see how equity at purchase is relevant.

This will be the first time that I've met an appraiser at a rental to walk the property with him.I've compiled before pictures, a Scope of Work, and, what I believe to be, relevant comps.Anything else that can be used to maximize the appraisal of my property?