Including insurance, interest expense and other less "direct" cast other than rehab? 

I have been a member for week now and love all the informative info on BP I am up to my 26 pod cast an can hardly wait for the next lol so addictive!

I tend to lead with building others up, with hoping to elevate people and cast a vision for how they can improve (even my haters), and it's hard for me to fully resonate with those who take the opposite approach.

I also understand id be splitting the reward/ rent but that's why I think if I can pay 50% with him or 100% alone then is minimizes a lot of my risk. cast your vote and help me out, ahah I'm new here and to the world or real-estate so take it easy on me please.

I'd say it's mainly the plumbing, the infamous "stack" and the cast iron drain lines and the galvanized water lines behind the walls.

I would really appreciate it if anyone who knows much about insurance or managing a property would cast their eyes over the screenshots below and let me know: 1.

Casting a large net by utilizing wholesalers, MLS, direct relationships with agents to get deals BEFORE they hit the MLS, driving for dollars/door knocking, direct mail, etc. are all great avenues if done correctly.Knowing how to calculate the ARV and rehab costs is also essential to identifying a good deal and that goes with any area.

Upon having to evict the tenant, I noticed that the plumbing was backed up and still cast iron. 

Inflated ARV's and underestimated rehab costs are common practice with most wholesalers, much of which are newbies who have never flipped a home themselves.As another stated, there are other ways to land deals besides wholesalers so cast a wide net and use multiple avenues to funnel your leads.

Sewage lines in Texas used cast iron pipes before 1970s and they are rusting out.....hence I don't buy older than 1980 homes.