Worse case scenario, they can always sear it on the stove.

Here are a few specific questions I have:Challenges to Be Aware Of: What are the common challenges faced when fixing and flipping properties in Oakland?

What are you guys commonly seeing get dinged for repairs or updates?

His scenario is very likely, although I think Allan's magnitude sounds a little too high.

I recommend you sit down and crunch the numbers with both scenarios,  and make an informed decision.

Yes, you read that right.Please feel free to message me with any scenarios you are currently working on and I can help out. 

The states being red is a common theme. 

This can remove a lot of the error likely scenarios that you'd run into as a first time investor.Also having solid debt solutions for your first project is definitely a plus.

During heavy rains, which are common in Florida, tenants almost need to wear waders to get from their cars to their apartments.The roofer does offer financing, but the rates are comparable to what we can obtain elsewhere.

-Administrative Burden: Managing substantial services may require more administrative work and potentially higher costs in terms of time and resources.Some investors do use creative strategies to maximize tax benefits, but this particular approach of converting long-term rentals into an active business reported on Schedule C while providing substantial services is less common.