I have lots of questions about REO's, house-hacking, rehabbing, deal analysis, where to buy, how to spot deals and move on them quickly etc, etc, etc...

I think your rehab estimate is spot on, if not a little on the high side.

The BP Flipping Calculator doesn't have a spot to accommodate for income tax ...so in the example from @Tim G. above where he made a profit of $24,000...his real profit after paying the income tax (as well as the 15% self employment tax) would be closer to $16,500Am I looking at this correctly?

It's not as commonly known as traditional buy & hold / flips / wholesaling, so learning about it isn't as cut & dried, but being in Miami you're in a good spot to dabble in that channel. 

I like the way you and Josh conduct the podcast sessions - spot on questions many of us have on the other end.

Your advices there are really spot on, thank you Karl. :)

You're in a great spot.  

I found the section about spotting a meth lab from the outside to be very informative. 

@Jacko Racko@Mark Gallagher  Jacko you can dream about a Habitat neighborhoods being gold mines.. but not reality.. low end buyers never change their spots.. just degrades over time I have seen it for 30 years.. we hope it would be better but it just is not.. they will use and abuse the homes then move on

I am in the same spot as you, as far as learning goes, so just keep on chugging.