You just have to look for ones in good condition to minimize your exposure  for repairs.  

Those are both indicators that the price is still too high.

The HML also does not include any carrying costs on their estimation, or they do not clearly detail any seller concessions.I'm trying to understand what exactly the numbers are implying, and what the net margin is indicating.

I try and read at least 1 business book and 1 Real Estate book a month.Philadelphia also has some very useful online tools to access public records.Flipping can be a tricky thing to get your feet wet with, but if you do a live-in flip you minimize risk by having the property provide you with a residence. 

What's the best indication of a healthy rental market?

Steve,This is for borrowers who either wish or need to minimize their out of pocket money at closing.example:$300,000 sales price:$290,000 Offer...or$300,000 Offer with $9,800 seller concessions to pay buyer's closing costsBasically the same $290,000 Net to seller

That is a good indication of opportunity.  

I believe the lease indicates 30 day notice is required.

I believe the lease indicates 30 day notice is required.

I had to round up all kinds of evidence like power company records (showing two meters and two addresses to bill), testimonials from neighbors who have been there a long time indicating there has always been "TWO FRONT DOORS", county property tax records showing how it has always been billed, floor plans showing back to back kitchens on either side of the kitchen wall, and pictures in the attic showing the common DWV for both is in cast iron which was typical back in the days of original construction, as well as two electrical panels and showing pictures of EMT conduits coming up from both in the attic indicating again the wiring was done back in the days when EMT was common practice.