Other costs like closing costs, insurance, property taxes, and maintenance/repairs should also be considered.Good luck!

The house is needing some repairs, but have not physically looked yet.

Another option is to say in Lease "Appliances are provided as a courtesy, and owner will neither REPAIR nor REPLACE if the break"!  

Hard money lender would finance 70% of repairs so 105k out of 150k and I would put in the other 45k .

We enhanced the property's value by investing $6,000 in targeted renovations, including necessary repairs and updates.

While there is always a chance they are not disclosing things, i.e. doing the maintenance work themselves and not booking it, the more likely scenario, at least in my case, is nothing needed repaired that year at that property. 

They can provide a more accurate assessment and potential repair costs.When dealing with homes from the early 1900s, it's prudent to overestimate your renovation budget to account for unexpected issues.

When they finally sent the measurements, they also listed other repairs.

This could signal rising property values or gentrification, making it a prime area for investment.Find Distressed Properties:Permits for repairs or code violations can signal properties needing significant work.

This can reduce labor costs, but be mindful of the time commitment.Leverage Economies of Scale: If you're working on multiple flips or rehabs, bundling similar tasks or projects together can help reduce costs by hiring one contractor or vendor for multiple jobs.Prioritize High-Impact Repairs: Focus on renovations that add the most value, such as kitchen or bathroom upgrades, while avoiding over-improving areas that won't significantly increase the property's resale value.By combining these strategies, you can manage rising costs while maximizing your potential returns on fix-and-flip projects.Kind regards,