He also has some investment properties in his portfolio so he understands the needs and more accurately the goals when looking for others. 

I thought it was low myself and asked my realtor and he thought it was somewhat accurate.

(assuming I put forth a good percentage for expenses, and my own cashflow as well)  is the brrrr calculator always accurate???

@Max T.I only gamble when I can rig the game, Max.

When you forecast your rental numbers they will be more accurate because there won't be any surprises in large repairs.

I do not target this types of assets on purpose, currently I am trying to find good deals weather its assets that have not started foreclosure or some that are halfway through the process, if the numbers work, they work.Do you mean you search the county court records site to get an accurate state of the situation during the DD  step?

Appreciation is a gamble.

But that's about as accurate as me asking you how many shingles it takes to cover a roof.If you want to get a real handle on this, here's what you need to do:1) run a test ad in the largest metro newspaper in the "mobile homes for rent section of the classifieds that says "NAME OF LOCATION. 3/2 mobile home for rent. $895 per month includes lot rent.

At least he is the owner - so you will get an accurate answer if you ask.

Having said that, a licensed electrician should chime in for more accurate information.In general it is a great idea to learn how to do work in your rehab, even if you decide it is more economical to have it outsourced in the future.