I use the Ballpark Deal app to my calculate numbers, I have the pro subscription and it's not too overwhelming compared to other calculators since this is my first deal not only for myself but also representing myself as the buyer's agent.

I'm an agent here in Memphis, TN, where the cash-flow opportunities are strong.

I used a realtor, purchased title insurance, had an inspection, received a seller disclosure, spoke with the seller's agent. 

Subtract your $20–30k reno and you’re left with maybe $15–50k before carrying costs, realtor commissions, and closing fees.

All-in= 100k + closing costs, lets say all-in is ~$105k ARV:$155-$160k Market rent:$1200-$1300Good or Bad deal.

One last thing (and hopefully this is not going to be looked at as self promotion or anything because it isn't I truly am wanting to help out and I believe what I am about to share can definitely help out), during my time as at Real Estate Broker I (by pure chance let me tell you, I was not trying to figure this out in advance I just happened to do so) figured out the best way to win a bid on a HUD listing and get it for as close to if not right at the Minimum Net Price (this is the absolute lowest price that HUD will take for a home). 

That makes me wonder:What’s your process for vetting a property manager before you even close on a deal?

For attorneys experienced with distressed property deals:
We often source properties where the owner is deceased, and the estate has not yet fully gone through probate or has been neglected.
What is the best legal p...

Most of the properties we as a team, acquire from the MLS double close or assign.

One of the biggest things I’ve learned starting out is how important it is to have a team you can trust—a good CPA, lender, and real estate agent.