I am looking to gain as much knowledge and connections as possible, so I feel confident taking the next steps. 

If, for example, I could get hard money to purchase/repair and pay off in a year, I'm confident I could do so without loss, but only if the payments could accrue in the background, collecting interest, without being paid until the house sells.

Making judgments and gaining important insights from experts with experience in your target market may be achieved through networking.You may confidently evaluate your possible investment and choose the best course of action for your financial objectives by carrying out extensive due diligence and making use of the information and tools at your disposal.

There is much to learn, but thanks to the BG community, I am confident in knowing what it takes to be a successful investor.

We use the RHAWA lease agreement, if you are not a member of that organization or WLA, I would recommend you sign up.In the RHAWA lease agreement (not Seattle specific), it states that security deposit can be used all purposes including unpaid rent, damage, cleaning, late payment, utilities, keys and other charges.It is never a bad idea to pay for an hour of an attorney's time to go over any of these concerns and then you can be confident you are following the law.

I can go to 1 place and get this part of my life and business taken care of with confidence. 

If you're very confident interest rates will drop, this is probably they way to go. 

So, this is my 10% contingency on the estimate.Then, if there is a major item that I'm not confident in the cost, I may add an additional contingency there. 

Quote from @Andrew Frishman: I am confident the "Flip system Method" is most likely good.   

Yet I can confidently say im ready to take it to the next step and start investing.