View report*This link comes directly from our calculators, based on information input by the member who posted.Just starting out analyzing deals.

View report*This link comes directly from our calculators, based on information input by the member who posted.Financing will be done after rehabbing so I'm flexible on the loan amount. it's actually part of my question how much to finance at a 6.5% interest rate?

The sold house has a terrible lot while the direct comp had a view lot.

Okay, I'll jump in and offer a bit of a contrarian view on this thread.  

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.12 Unit Property - The property is located in a good area C neighborhood.

Maybe because I'm in Los Angeles, I don't view cash flow as an absolute essential, at least not right out the gate.

Most small towns i have rentals in, I am viewed as the landlord that has the "nicest" properties in town(No granite here as they love the tile counters and the $3 backsplash)  However, in upscale areas I would consider having the worst properties at the bottom dollar price

I still view myself as a newbie and honestly, I hope to always have the newbie mindset in regards to continuous learning and the hunger to succeed.     

Regarding auction sites, if you have your real estate license, are you able to view inside the properties ahead of time?