750 is the total cost to purchase, last I heard, that includes foreclosed but uninsured title.

If the total housing payment including taxes and insurance are $3000/mo, then you'd have to qualify for the remaining $750/mo payment.

The property features off the street 3 car garage I will include for $50/Mo. 

Including networking, how can I find someone willing to JV? 

We are currently cash flowing roughly $400 including budgeting for repairs/capex.  

In addition to Matt's sound business practice of fixing the home, most states which includes mine GA, tenant law says; landlord may not contracturally transfer responsibiltity of maintenance to the tenant, its always the responsibility of the landlord.....   

I am guessing the final sale price will land somewhere in the $225-250K range based on similar appraisal, including my home in the same area code.

Is it necessary for me to include the future assumptions in the BP calculators when analyzing the deals?

If I were you, I would learn all sorts of things about personal finance and real estate investing, sure, but I would spend a lot of quality time (and money) on furthering my education and having a social life that includes going out on a lot of dates.Here's my reasoning: if you look at all the millionaire households in the USA, as of 2009 95% of them are headed up by a married couple or widow/widower.

I have spent my entire career in real estate including multi family management and brokerage.