LOL.There’s a WORSE WAY and a BEST WAY to try to obtain items 1-4 aboveBEST WAY: College or Professional Association courses in real estate (real estate license course as a base) and work experience for a REIT or other professional real estate organization and capital saved or equity raised from private parties with a MODERATE amount of debt leverage and or utilizing creative financing with low interest rate debt (may be highly leverage)WORSE WAY; Any guru courses or mentorship’s combine with high interest debt. 

I often provide a sheet of costs for certain cleaning/replacement items that will be assessed if they have to be dealt with at move out- Leave out that its making showing hard..... they dont care.

@Sean HaleySeller financing is great, you avoid fees and typically get a low down payment.Key items:1.

I am assuming the items below but am unsure if this list is complete and if my estimates are correct for NC. 

Or They don’t have a clue to what is being spent on these items.

@Matthew DavisThanks for the great list, appreciate you itemizing everything in one place.

@Dan Mahoney Thank you for your input.The house was built in 2007 and was actually in good condition besides the usual looted items (wiring, hvac, appliances, etc.).

Its hard to find anyone who repossesses those items.

Personal Item, Rent Income, Rent Expense, Flip Expense, etc. 

.: $125 per month, but I assumed 10% Capex+Maintenance: 5% (Assumed this since the home was recently rehabbed and all major items have 7+ years)Property tax: ~$5,000 (Could increase in the future; not sure)Insurance: ~$600Cash flow: ~$250 per month (while not huge, I expect some appreciation)