So for a 100k home you would be looking at $310-890 annually depending on the deductible you were comfortable with.

We will perform any repairs based on our own experience and have a contractor on had for areas we do not feel comfortable doing.

It's ok if that's all that you want to do, but you'll need to be open to going outside your comfort zone if you want to do more than 2 or 3 flips a year.3.  

Still havnt found a real comfort zone there.

Also, when you can comfortably do it, change the exterior door locks.  

As a smaller woman, I feel comfortable walking around the neighborhood alone, but wouldn't want to live there.

You have to be comfortable with the income thtat it will be producing for you.

Go with whatever you feel comfortable with.  

@Timothy Mackinny You made an absolute very valid point and I got lower rate than this one who I want to deal with at moment but I didn't feel comfortable dealing with them. however the busy builder has no time for my lower cost projects.

While I'm sure there's risk exposure here that I still don't fully understand, I was comfortable proceeding on that time horizon and for that amount, and eager to learn what I can from it (and especially from talking through it with more experienced folks like you).Also, thank you for clarifying on the "default" terminology, this is somewhat new territory for someone coming from the corporate/venture world!