Did you have a lot of issues with the aspects listed previously?

Highly recommend them and they're very easy to work with and can tailor to your needs from full hands on with all repairs to just managing and letting you deal with that aspect.

I have already got notifications from vendors to expect price increases starting Oct 1st, 2018.This will have an impact of all aspects when flipping, renovating and maintaining rentals. 

I am a smaller general contractor (6 employees) and we specialize in residential insurance repairs (fire, water, wind, hail) so I am very well versed in all aspects of residential construction. 

The inability to turn over a unit if cleaner is not available on one dayThe insurance/liability aspect (all insurance companies asking if I will be doing STRs) When electronic deadbolts dying before guests show up etcReplacing damaged furniture during turnover (who do you compensate to handle that?)

Regarding the compounded return, the IRR does assume cash flows (if any) are reinvested at the same rate of return as the project itself, so this aspect is also included in the calculation (and that's why people use MIRR if they want to adjust this reinvestment rate)Again, thanks for your answer!

It also salvages various aspects of prior building codes versus a new build. 

You have to understand a lot of different aspects to really make money in this business.

Don't make the mistake of thinking that flipping a house is all about the mechanical aspect- it's as much about the logistics, people management, design, and marketing.   

Attend your local REIA, use bigger pockets to network, and utilize some of your spare time to educate yourself on all aspects of real estate and how the monetary system works.