When under contract at 300k with the expectation that codes would be the determining factor on what can be done on with the property, as it relates to new construction.

Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.

What factors should I consider when setting rent per room?

Also factor in if the rents jumped a lot and if that would lead to a vacancy, which will cost you more in the short term. 

@Adam M.The cost for a real estate tax accountant will vary based on location, experience, education and other factors, just like any other professional.

The systems you have in place to handle leads, follow-up and your sales processes are also huge factors.Another factor is what is your monthly marketing budget?

This property will require a pool to fully optimize its earning potential, and I've already factored that into my calculations.

This article presents three key factors to consider before deciding that now is the time to sell/exchange: 1) regulatory, 2) economic and 3) personal timing.1.

Regionality and competition greatly factors into the cost structure.

How would should I factor Reserves?