@Bri Hall I am A managing partner at a company that facilitates full-scale flipping, lending, development and portfolio acquisition amongst other things.

Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)   

I recommend you do this annually to adjust for utility increases and other variables.

If you plan to grow your portfolio, consider setting up separate LLCs for each property to shield them from liabilities tied to others, though this adds complexity and costs. 

Let me know if you have any other questions—excited for you to make your first deal!

Or to just his since I have not had any communication with the other tenant that was on the lease?

Go to some networking events in the area and meet other investors. 

Always happy to have input from others!

Is it in-line with other builders? 

I'm looking for other investors in the Calgary & Okotoks, Alberta area.