Ask your contractor to walk the property with you if they're available during the showing, or at least send them the photos and information that you received from the wholesaler to get their opinion.In Pittsburgh a light or cosmetic renovation is about $20k, medium is $50k, and a full gut is $100k.

Here’s why:Affordability: You can find solid properties here well within your $200k–$300k budget.Cash Flow Potential: Indianapolis has a growing population, a diverse economy, and relatively low property taxes compared to some other midwestern markets like Cleveland.Investor-Friendly: Indy is landlord-friendly with strong rental demand, especially in neighborhoods near downtown, universities, and revitalized areas like Fountain Square or Irvington.If you’re open to a strategy involving light renovations, there are plenty of opportunities to add equity and boost rental income here.

Fire pit with string lights is very popular.

Principal changing his name (sometimes just slightly) to walk away from previous recordIMO a light search, like Google, is a good FIRST STEP in vetting a deal.  

Fixing a leaky toilet, replacing a broken light fixture, etc. can create good will.

I suggest the first property should be turnkey, the second should be a light rehab (finish basement, redo bathroom).

Also, your transactional fees appear to be too light which only makes the profits more lean....$5k carrying costs between debt service, builder risk, general liability, taxes and insurance.....and $7K for the exit.

There's also free services for tenants to pay their rent online which include some light accounting features.

I have my vision board directly across from my desk in my office and I see it everyday, all day.

In light of that did the developers wind up getting a pretty decent deal out of this after they took a big risk on a property with crazy restrictive zoning and no clear path forward prior to purchase?