@Kashif KhanOut of curiosity, have you looked at properties in Bolingbrook or nearby to get any ideas on if you can nearby , or have to invest inside the city?

out of curiosity where is the location of this flip? 

@Omar Bunch 3% Vacancy is too low, you'll want that set at around 8% so that you're accruing about 1 month of rent saved per year (1/12 = 8.333%).

@Stephanie P.Although not a BRRR deal, but her deal seems to have $6.6k of her money tied in, yet accruing $100 cash flow per month. .

Just out of curiosity, what kind of work are they including in this bid?  

Out of curiosity is this home an investment or for personal use.

Compounding is when interest is charged on already accrued, but unpaid as of yet, interest. 

Out of curiosity, what part of the story do you think is missing?

Paid it off the day before interest started to accrue. 

Just out of curiosity because you never know, but I would love to invest in my own backyard for once and I have some family members that have shown interest in partnering up as long as it was in NY.