Or are you planning to put 100% of the risk/cost of vacancies, furnishings and tenant nonpayment on the owner with you having 0% risk?

I have extensive experience there doing about 500 deals , thousands of repairs/ renovations and move in and outsAll the best 

You can do this for well under a fraction of what the cost is. 

Helping clients navigate these processes can prevent costly setbacks and ensure smooth project execution.Carlsbad is bursting with potential right now, and with the right knowledge, you can be the expert your clients rely on to open these incredible opportunities.

It’s crucial to ensure that your cash reserves can cover not only the mortgage but also unexpected expenses during the remodel.The 30% housing rule is a helpful guideline to avoid overextending yourself, and ideally, you should be comfortable with your monthly housing costs even without rental income.

How much did the rehab cost and how long did it take to complete?

If you don't, it can cost you everything!

(MTM leases should cost more than yearly leases.)

You end up with Hotel Quality sheets / soaps for the cost of Amazon or even less.

Same property listed water bill paid by landlord so how much does it cost to put individual meters for each property so cost can be moved to tenants?