If we rent the unit at $1,425, I have an estimated monthly cashflow of $302 (rent at $1450, cashflow is $325) I DO include vacancy, repairs, and cap exp in my Box2 Expenses.

But from what I’ve learned, the city of Jacksonville is stricter with certain types of repair work than others.

What is your draw fee & benchmarks for the repairs portion of the borrowed money?

Account for all costs, including closing fees, holding costs, and repairs.

The truth is, they will keep playing games and milk you for every penny they can, then they will leave the house a mess and cost more with cleaning, repairs, and vacancy.

Turnkey properties are already renovated and tenant-ready, meaning you can focus on the investment side rather than dealing with major repairs. 

How about repairs ?  

If you're planning an open house at a vacant listing, know that you've just let the general public know that it is just that - vacant.Better safe than evicting/repairing...

Since the repairs were two owners ago, I would think the town may be a little more lenient with you.With the new kitchen and bathroom, were they existing and just got renovated or were they added on?

It's also rare you buy these properties with 20-25% and have NOTHING you need to address almost immediately in terms of repairs or capex.