A renovation company that has already completed over 350 renovations for us will quickly do whatever touchups/repairs are necessary so we can get the property back on the market.Use electronics to control access and reduce turnover time.

Generally - the depreciation on the structure, mortgage interest, property taxes, repairs & maintenance, insurance, property manager, utilities, vehicle expenses (mileage), professional fees (reports/CPA), home office (office supplies, percentage of utilities, continuing education).

--- EXAMPLE: house price $150k, needs $50k of work, After Repaired Value (ARV) is at least $200k.

I’m primarily in relatively upscale buildings which helps minimize my repairs and maintenance.

Doing general paint and carpet cleaning for this property along with some minor repairs, junk removal and fixed a couple small plumbing issues (mostly deferred maintenance).

Does it need repairs? 

Hi I'm gege new to the site starting the Wholesale investment and need help finding seller, where should I brand myself is there an email pitch or a call pitch I can send to seller, like people in foreclosure, or bankruptcy, or late payment and where will I get the ARV, Repair Value, Offer The price that you need to get it under contract for and  where do I get the contract form and if I get a seller and a buyer how do I get a legal person to handle all the paper work for closing.

I was very pleasantly surprised.I also built a tool myself, I had a lot of issues finding service person for different repairs need.

It's a whole lot easier to keep an educated eye on repairs and repeats with dedicated internal technicians. 

I just bought a flip now for 70% ARV NOT minus repairs.