One month of vacancy will cost you $2,600 + $200 utilities.

I'm looking at monthly cost to seller vs. anticipated rental income, purchase price relevant to the ARV of the area and interest rate, balloon, etc.

Yep, off water, but with nearby water access and view seems to be the same ROI considering the cost of the property. 

Here is an example of what it costs you to avoid professional advice.

The cost of moving is around $1,000.

And that depends on how you view the costs. 

However, I still struggle to understand the art of estimating rehab costs. 

This also leaves me with $3,750 stuck in the deal (not including financing and closing costs, which could easily add another $20,000).In total, if I had to include closing costs and financing costs, I’d have about $23,000 (if not more) tied up in the deal and lose close to $700/month before accounting for expenses.

For residential multifamily properties (1 - 4 units), can you use a home warranty to take care of the repair costs associated with rentals?

I am taking a salesperson license exam this year to get into the industry and use these commissions toward closing costs.