Should I continue to pursue the original house deal by deducting their estimated repairs?

Even if you break even, you will lose money every month it sits vacant, when you need repairs, property management, etc.

It would be a tight budget but I do have money set aside for repairs.

I've found an off-market property that would require $175k purchase, $35k down, $20k in repairs, with a conservative ARV of $235k. 

I am sorry that the storm that passed through just prior to your stay required emergency roof repairs. 

By purchasing at a great price and leveraging our network to find a buyer quickly, we maximized profit without the need for repairs.

Although the list may seem intensive, I look at it like this: The total cost of all these items can be much lower than the cost to repair a hidden surprise after purchasing a property to flip. 

Be sure to have the gas, water and sewer lines inspected as these may be dug up or collapsed - and very expensive to replace/repair.

How would you like to be a tenant waiting on a repair because the owner wants 3 bids for everything and not only will that delay the repairs, but you'll have 3 people coming through your home everytime you make a maintenance request?

@Harsaha LenkaI looked at the OM and it’s missing vacancy and collection loss and repairs and maintenance.