@Chris T. is accurate in trying to get to the bottom of what the sellers really want.

Thanks.Sean Brennan I don't think what Mike Hurney posted is accurate.

Next in addressing Simon Campbell, Your info regarding multiple VA loans is not entirely accurate.

I generally find quotes to be accurate, although in one situation 1 firm advocated roof replacement, and 3 others did not.Acura RoofingArmadilloFeller RoofingPerfect Pitch

The 50% rule, OTOH, which says expenses, vacancy and capital are about 50% of your gross scheduled rents, seems to be pretty accurate everywhere.

Use the Resources menu above, then BP Store.In addition, here's a quick primer on determining how much you can pay for the house:http://www.biggerpockets.com/renewsblog/2010/03/10/determining-maximum-purchase-price-mpp/Of course, as Mike and Jon said, you need to have a good handle on the rehab costs and resale value for this formula to generate an accurate purchase price estimate.

If the numbers provided are accurate and actual, it seems like it is a good deal.Are you ready to be a landlord and have your tenants live next to you?

Is there another way to get accurate comps without a realtor?  

Sounds like you need somone with construction experience give you an accurate scope of work and estimate.  

I will have to do more property analysis to see how accurate it may be.