So I guess that my plan is to put bids on properties as if I'm going to hold them to the river (i.e. make sure that they're positive cash flow after paying everybody that needs paying / generate sufficient IRRs), but to the extent that I can, I'd like to flip them for a quick profit.

I placed approximately 4 - 5 bids in the past month and none of the bids have went through.

Anyone have any advise on better bidding process its very frustrating.

For single family, 3/4" nominal is typically used for distribution lines with 1/2" nominal to most fixtures.I recommend getting bids from multiple plumbers.

Also, assuming you calculated the NOI correctly, your cash flow per door is only $62 per month.

Brian: You are absolutely correct.

I have submitted several bids through an agent without and agent what would I need to do to submit a bid or to see the property call the listing agent.

I've had this argument a bit with my husband, but he is sure he is correct, and I'm still totally confused.

.$25K purchase and $25K repairs (assuming you estimated correctly-but probably low) with a selling price or ARV of $75K is right in the power curve.

This can be really tricky because when you start getting bids, you'll have a WIDE variation in the bids.