The Ledger post today ( 915 rent, 25 deposit premium, 8.72 left over balance) I was charged 948.72. 

And if there is any of the gain leftover after the 121 exclusion, you would have to pay tax on the rest. 

And yeah I am not opposed to the 80% ltv, just figured get the most I can possible to utilize it as best possible with cash reserves left over.

With a little effort you can also replace a section if you absolutely have to and have kept a little of what you used as leftovers.

Once they repay their own loans, then repay the capital call funds first before distributing the leftovers, they may even show an overall profit (when adding in all the management and fund fees etc). 

Work backwards and see what is left over.

Quick math is that if you pay the guru's fee, then put in the work for a few months, you have about 520 hours into the process with $7,500 return, minus overhead, which turns out to be making minimum wage and you have enough left over to take your guru to coffee, but not much more.

@Natasha RooneyColumbus, OH would be a good fit for a long term buy and hold with enough cash to pay for itself and have a little left over every year to reinvest.

The rehab funds are for completed work only so your parents would need to front the contractor like 15k let's say to get started and then they get their deposit back at the end of the project because they added 15k to the rehab funds with their deposit so 15k will be left over in the escrow account when job is done. 

However you bought it at 15k… meaning.. the county is going to get paid thier 5k.. there will be 10k left over..