@Justin Landesman this is tremendous advice thank you Justin!

I always plan to have 6 months of holding costs available, for after I finish the flip, just in case I missed the market.If a lot of houses are sitting on the market for a long time, (can't sell) I'd definitely avoid it. 

Just in this thread I'm seeing a lot of people who are setting up their listings in a similar way so that the Airbnb brand account could live-on with the property. 

When you are there, you don't think of it as middle-of-no-where but an exciting place with acres and acres of civil war memories but in fact it's just in the rural PA - fields and forests/game land.

Would anyone be willing to DM me a copy of their REPS log? 

I FOUND THIS THREAD JUST IN TIME.

Do you qualify for REPS?

Quote from @Justin Landesman: @Brandon Croucier is giving you solid info on finding an experienced and honest mortgage broker who can shop your exact scenario both ways, with the rehab and without and break down the benefits of each with all fees so you can see an apples to apples comparison. 

I have REPS status, but currently rent this particular Property to my Property Management LLC that leases this home "from" me and and pays me 5000/month rent as shown on my soon to be Schedule E.

But that's without paying a PM.I have not looked at Milwaukee at all yet, but these kind of numbers seem to be the norm for nicer areas.. the issue is that I would need a PM so it would be hard to break even.. and I don't think I'd want to take on more monthly expenses just in hopes of appreciation.