I am no expert in rentals and RE but as others mentioned Oil and gas industry is a contributing factor. 

The house would need pretty extensive upgrades -  I would need to replace entire HVAC system (including converting from oil heat to gas) and it would most likely need roof and siding. 

I always say you can read every bit of information in the world about cars and driving but until you get in, grab the wheel, and put your foot on the gas is when you learn how to drive.

That would still be a valid IRR if you were buying inventory from a source that could keep selling it to you (i.e. if you rebought more liens upon redemption).

Now we desire to put our foot on the gas and accelerate to financial freedom through RE.My question is I have thought about getting a RE license to get more in the field of RE, utilize the commissions to save faster, network, etc.

Eugene,You make some valid arguments regarding your investment portfolio, but there are counter-points to consider.Yes, having a bunch of SFHs does present the oportunity for more "roofs" to maintain, as well as other property and tenant issues.  

Hello all. I've done about four transactions this year with rentals and flips. However, I'm trying to verify if the ARV for this property would exceed $85k given sales in last 6 months... if you could help me, deciphe...

No sale comps, not so valid market rents either, so I don't see just any RE broker doing that. 

William Parks (1800 - 1870) was a local merchant, ship owner, co-owner of the local gas-light utility, and founder of two textile mills which operated from the the 1860s through to ~1974 (though the family lost control of the mills in the early 1900s).The house - exteriorThe 1/2 - 3/4 acre garden surrounding the house is overgrown, but there are some amazing old plants hidden amongst the chaos - I found a rhododendron with a 30' spread, whose trunk was 8" in diameter - quite a specimen this far north.  

If a valid assumption, this is Michigan.