I've lived in some rough neighborhoods myself over the years, so I can deal with a bit of roughness as long as it's not extreme.

Oh, and the area the home is in is fairly decent..its in the inner-city..i havent actually went by the property, and i dont wanna label it as a war zone..cause here in st.louis..some parts of the city will be i quiet neighborhood, and 10 blocks over would be a war zone..help!!

Problem areas - if neighborhood is so run down it looks like a war zone, drug dealers are openly selling on the streets and prostitution is rampant - perhaps you should look for a better area.

., and a cap rate of 10%, I come out with a fully loaded ARV of $396K which seems absurd considering the neighborhood and the other apartments in the area.

By placing expensive regulatory requirements on mortgage lenders, many mortgage companies have closed up shop and private and hard money lenders are now refusing to lend to consumers anymore.

Your goal should be getting the value towards the top value of the neighborhood.

Seems steep but I have to have the rehab completed in two weeks and do not have the time to shop around beehive removers.

3) What are some good programs (besides MLS) for locating properties, analysis, creating reports, and tracking neighborhoods?

The seller's motivations range from divorce, to out of state owner, to an owner which is pinched for cash and just needs to liquidate quickly.I like to think of a wholesaling business as a pawn shop for real estate owners.

and do I only search in the same neighborhood and how far of a radius should I search?