In terms of building your team between all of the folks at the meeting we have you covered. 

@Yanis P.Here's your hint in terms of your own numbers you needed to do:(number of houses built the last 15 years)/(total number of houses built since 130 years ago)=percent of minor repair jobs(number of houses built the last 20 years)/(total number of houses built since 130 years ago)=percent of major roof repairs or percent of re-roof.These numbers works with wood shakes, asphalt based, and concrete slates.

definitely top 1 in terms of must-have as a realtor

Figure out your first step, complete it, then think about step 2.Here's a great Forbes article about the real world usefulness of business plans: http://www.forbes.com/sites/actiontrumpseverything/2013/08/14/why-business-plans-are-a-waste-of-time/#968279f5f85aPerhaps if you shared what you think the business plan will do for you in terms of getting started we could fill that need for you with a better solution. 

Untested in terms of security.  

3. when i looked up "liens and mortgage doc" i see there was a pending case for about 50k. is there a way to find out if more info on this in terms of its role in the house.4. whats the typical process and strategies used for auction.com -- do people tend to fire when its expiring down,j if i bid and lose is there any deposit taken on my end?

I would say you can do better in terms of ROI.Get a feel of what is possible in your market in terms of ROI. 

I'm looking more in terms as cash flowing.

Talha,What were you thinking in terms of?

Will keeping this property hamstring you in terms of funds to get there?