You start with a potential of $25K profit but that does not including cost of money (i.e. lost return from your 401K),  realtor costs, or any unexpected expenses. 

If your engagement is for a year-round advisory, then he should be expecting your periodic need for his time and plan accordingly.Since you mentioned that his firm was specializing in tax planning, and you have discussed your needs, it seems like your requests should not have been unexpected for your CPA.

Before we removed furnishings this past Fall, we ended up with a delightful travel nurse who wants to stay a few more months.

Hey @Alonso Fernandez Maldonado, I wouldn't recommend getting into anything until you have enough in reserves to cover a few unexpected emergencies.

You're competing with over a dozen other studios in your own building... you need to show as best in class and price.On the bright side, January has seen a very unexpected uptick in entry level buyers.

Managing contractors, unexpected issues, big asks from sellers, or a turn in the market.

This property was built in 1936, and even if you're budgeting $30,000 for rehab costs, you'll need to save a certain amount every month (I'd say 10% for each of those 3 categories) every month for future, unexpected repairs or for when a tenant moves out in the middle of the night. 

And you'll have new cracks in unexpected places, old cracks that will not close, but instead enlarge.

Most of my Turnkey Clients have to catch a flight back to California so we are always a little rushed anyway and Regus isn't good about unexpected visits and they charge you for missed office time. 

@Josh Miller, thank you for a delightful helpful post