If the property is brand new you might get away with the first 5 years with minimal repairs but if it's older I'd plan for 30% to go towards repairs or unexpected expenses. 

There may be value in using the current lender to do the new loan if you could get away with not having to do some of the appraisals or valuations, but usually these are just treated as a brand new loan. 

Could probably get $2,250 with some cleaning and fresh paint, while continuing to pay all utilities.I am considering, however, installing baseboard electric heat and sub-metering the system so tenants will pay for their usage instead.

This morning I heard the low battery churp from the alarm upstairs so I came home after work with fresh batteries. 

I'm surprised I didn't sign up here sooner considering I own a few Bigger Pocket's branded books, but wanted to introduce myself.I'm in my early 30's and have made a career in the tech industry as a systems engineer.

It can be a huge selling point having something brand new, so take advantage of it!

From your writing and your questions, its quite evident that you are brand new.

Here are my numbers:$82k PP and CC$60k renovation (fully permitted)$3k holding and misc$145k all in$200k ARVRents range from $650-850 (of course I think for a brand new unit we'd command the highest rent)$55 gross profitSo if I went traditional I'd spend another 13k in closing and agent fees.When our investors fund the entire deal we share 50% of profits so why not find the end buy and hold partner in the beginning and give them that 50% discount on the property.

Understand that I am brand new at this. 

 Hello I'm brand new into realestate investing looking to learning and navigating .