Newbie starting out and currently raising capital (goal is $30k by EOY), but unsure if I have a realistic chance of finding deals in the area that meets my criteria.

It sounds like a realistic and achievable goal for you.The property type will be based in part on your investment criteria. 

The mere cost of attempting to do this yourself, is just not realistic at least if you have a full time job, I know that is the case with myself and my immediate circle of friends/acquaintances.

@Brandon ProctorI'd look at comps in the neighborhood and look at them on a Per Sq Foot basis - think that would give you a good idea on what to realistically pay and what your ROI may be when finishing a basement.Quality of finish would have to come into play a little - however I'd think what's typical for the neighborhood sets the standard on the pricing PSF though.That's the way I'd look at it.  

Whatever is realistic...and that can vary in each neighborhood, or even each property.  

Hello Bp, I'm in the Minnesota market and wanted to know how realistic it is to find a mentor who is willing to step by step walk through with my first few deals.

3) What "% rule" do you think is realistic for Buy and Hold acquisitions in 2016 in Atlanta Metro and surrounding areas?

Realistically, I'd look to finish the rehab in 2 months or less and then list the house for sale.

I can only realistically afford about an $80K property on my own, if the place wasn't rented.

I am looking for the realistic circumstantial end to this and I can't seem to find one.