You'll almost always lose money after closing costs, realtor fees and interest payments unless you get lucky and experience some significant appreciation or if you find a GREAT deal.If you're going to keep it and rent it when your done then it'd be a good idea to check out the airbnb market and speak with a local property manager in the area and figure out what kind of returns to expect from the business.  

3) If i want to sell and get good return, can i start process of selling the house (mls)...as contingent upon sheriffs deed?

It won't be a large return at first, but the knowledge gained may be worth it in the long run.

In a partnership I'm involved in where I brought the deal and will be handling day to day decision making and managing the original renovation we are splitting things 65-35 so the partner bringing the funds will make around a 15% coc return annually.

Feel free to reach out once you've returned to the area and we'll find a time to meet up.

Decent returns, but it seems things are slowing down a bit for the winter. 

Overall it brought in a net annualized return of $4284 a month or $51,409 net annual (after management, vacancy, wear/tear repairs and cleaning fees).

Some people want strictly hands-off and are fine with less return in exchange for doing nothing.

Don't quote me on this, but I'm pretty sure they are just showing a hypothetical financing situation to prove out their cash-on-cash return percent.

So far I have been unlucky with the few prior brokers I worked with.Either they have no clue how to deal with rentals and LLC or they never follow up on requests and I have to chase them down for weeks before getting any  return call.I am looking for a broker who could take care of all my insurance needs for my home, LLCs with rentals, condos, commercial and personal liability, etc...