Most lenders like to see you have some "skin in the game" , so may need a down payment and some closing costs at the very least - however , there are still opportunities to wholesale or bird dog which does not require down payment money but may be a lot more difficult without a marketing budget.

There's a lot of ways to skin s cat with the virtual stuff.  

Most lenders like to see you have some "skin in the game" , so may need a down payment and some closing costs at the very least - however , there are still opportunities to wholesale or bird dog which does not require down payment money but may be a lot more difficult without a marketing budget.

There remains surface mold on many walls and the ceilings.

You should check with some locals to see what is normal for the area. 5% is very optimistic. 10% is more accepted.I didn't see your Home Warranty cost in the spreadsheet.Make sure you budget for Property Management after you PCS.As you're putting your touches on it, avoid carpet, use hard surfaces wherever it makes sense.

I'm still new - reading great information daily and listening to the amazing podcasts  and watched a few of the webinars and I haven't even scratched the surface yet!

The best thing you can do when you are first starting out is to team up with a mentor to get some skin in the game for your first few deals. 

I don't have a skin in this game.  

You'd want some kind of commitment (or skin in the game) so that you knew you weren't wasting your time on someone who had no intentions in buying your house.As an investor, it's dependent.

On the surface I don't think it's a great deal to wholesale.