Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

Pictures and details available when you ask and send me a POF or approval..

I'm glad to connect further with additional details if you are interested.

And if you're investing in a syndication that typically produces K-1's late in the tax season (such as a GP fund) this can make things very tight and/or cause extra tax bills from having to do estimates extra tax work with your CPA.  

If I use an FHA loan to buy a BRRRR and house hack let’s say I’m starting with $50K cash and I put 3.5% down let’s estimate $12K including closing costs.

Can you provide details, thanks. 

Also see if you can pull up rental  and sold comps in the area using Zillow and Redfin and you have to give a   margin of error in their estimates and see if property appreciation is there for that area in case you are thinking of building equity.

Thank you so much for the detailed response!

There’s more of a use case here, as these cost details might not be specified in the lease like fixed monthly rent would be.

If I buy with a financing contingency it is spelled out in detail in the contract.