Before you think you're getting in for zero down, have you asked what kind of cash reserves you have to have to qualify for the loan such as X number of months rent, and X number of months taxes, and what about insurance are they going to require you to buy one years of insurance or something.

It's what is actually delivered and the quality of it, plus intangibles such as the personality of the professional working with you, responsiveness, attitude, you name it.The price is low.

From what I gather, the turkey operator will by a property at around 100k that needs 50k to get it fixed up.

Nice way to house hack!

What will help you sleep better at night?

The math is fairly easy given your assumptions.

Here's what I did:Kitchens: Painted cabinets, updated hardware, added efficient appliances.Bathrooms: Installed modern fixtures, used neutral paint.Exterior: Applied fresh paint, improved siding, enhanced landscaping.Results: Property value rose by 100%What budget-friendly strategies have you used?

Quote from @Jesse Yoder: What insurance works with people doing BRRRRs? 

Check out Furnished Finder, Airbnb and VRBO (30+ day stays) to get a good idea of what else is out there in the area of El Paso you are looking in.

Well, not so fast.For every successful flip, there is an account of some nightmare project that sucked the bank account of someone dry.