Wholesaling is a great low cost way to make a lot of short-term cash, but it does not build long-term wealth.

There were a lot of costs that we didn't expect like the plumbing had to be completely redone.

You are only adding complications and costs with the LLC with no upside  This is all assuming there’s been almost zero appreciation and you shouldn’t sell tax free while you have the chance. 

Many times they will hold back the renovation costs in escrow and release once you’ve shown the renovated unit and leased it.  

It did not cost me $0.01.  

As there are Californians still moving here, the vast majority are instead picking the states with low or no state income tax like Texas, Florida, or Tennessee.Although we still have a positive influx of people moving here, more people have been leaving due to rising housing costs in recent years.To put it in perspective, we saw around +45k in the 2010's.Overall, CO is basically a balanced net migration in recent years which is likely to keep home prices steady....

Yes we avoid custom work to help keep cost down. 

I can promise you that my first deal was TERRIBLE, but I lived at a reduced monthly cost to living than renting/buying a single family and that is what mattered. 

I believe this is what they call a pier and beam foundation which I have no experience with so I have no idea what it would cost to fix. 

You can also assess a dollar amount that you value the cost of these requests to be, and ask for these as a discount from the purchase price or a concession to you for closing costs.