I would use an excel spreadsheet and simulate each scenario up to 5 years. 

Since it is an REO, the bank gets to pick their title company and I can assure you they will not perform this for you.In order to pick your own title company, you will have to offer to pay all fees including the title policy, thus increasing your acquisition costs, and this will only happen IF the bank agrees.Secondly, your end buyer must be all cash.It can be done, but it is much more difficult to wholesale an REO via simul. close.

I did the what-if simulation on dealcheck.io without property management and with property management based on the price I bought and the current price.

I read somewhere before that you took the Georgia broker exam and it was one of the toughest exams you took with the new simulation.

This portion of the course will be more of a simulation.  

@Justin Gottuso, since 2016, just kept saving and learning / simulating on Excel.Early 2019 I Skyped with a bunch of lawyers, accountants, banks, and YouTubers.

I would simulate a few fix and flip deals.

However, it's only a simulation and does a pretty good job to teach the lesson of passive income versus going for paycheck to paycheck.

As James points out... the 5.5 from debt paydown (paying down your loan) is about as close to a guaranteed return as you can get (without us ever daring to call it guaranteed) and provided they don't change the tax laws... the depreciation is probably a reasonable assumption as well.If you want, hit me up and maybe we can run some numbers in my new real estate modeling/simulation software for the turnkey stuff...

I'm an ex-Air Force pilot and train military student pilots in a simulator.