If remodeling work is required then you might need a change of occupancy (don't know how Co Springs handles that - some jurisdictions don't concern themselves with that) which can be challenging.

I partner with my Dad and we buy wholesale and remodel them and sell them in 90 days usually. 

FACTS Available nowLease: One YearLot: 2,500 sqftPets: Cats, large dogs, small dogsLaundry: In UnitParking: Carport, Garage - Attached, Off streetMulti FamilyCooling: AvailableHeating: Forced airPosted: 9 days agoViews since listing: 1,283All time views: 1,49163 shoppers saved this homeRent/sqft: $1.06FEATURES Flooring: HardwoodHigh Speed Internet ReadyADDITIONAL FEATURES Granite countertopGuest parkingLiving roomStainless steel appliancesAPPLIANCES INCLUDED DishwasherFreezerMicrowaveRange / OvenRefrigeratorWasherROOM TYPES Breakfast nookDining roomFamily roomMaster bathWalk-in closetCONSTRUCTION Stories: 3Unit count: 2OTHER Built in 1925Floor size: 1,504 sqftLast remodel year: 2015Zillow Home ID: 2102043575I am looking into renting this property in a Rent to Own deal.

I've remodeled for clients for many years and built and sold homes on my own (I've lived in them) and now are ready to partner with investors to flip and purchase rentals. 

My buddy wants to contribute part of the funds to purchase the home and part of the remodeling costs.  

I start on a personal 24 month remodel right after and didn't get involved on BP.

I own a 2-story mixed-use brick building that I'm currently remodeling.

If it's cash flowing and you are not REQUIRED to pay back the remodelling cost in full, and it's fairly standard interest rate, you would still have $20k in your pocket!

How much is it worth completely fixed up/remodeled?

The seller is offering 50% financing Details below...ARV: $460-470K          2800 Sqft.Repairs: Roof, Painting, remodeling of bathrooms and kitchen 35-45K Selling Price $310KSeller Financing $150K No interest 12 months Term: 10 years at 6%Cash 150KTaxes: $7800/yrI'm looking to wholesale it at the $310K priceLet me know if looks like a good deal?