It is no different than maintaining the electrical outlet for the W/D or the plumbing for the washer.  

As we flipped this ourselves from the roof to the flooring, we gained much respect to labor workers and realized even the tidiest things such as changing the outlet covers and installing new plumbing will take up a lot of time!

When financing a large-scale fix-and-flip project, assessing and managing risk is crucial for success.Risk Management StrategiesContingency Budgeting:Set aside a contingency fund (typically 10-20% of renovation costs) for unexpected expenses.Time Management:Develop a detailed project timeline to keep renovations on track and avoid extended holding costs.Partnerships:Collaborate with experienced contractors and real estate agents to mitigate risks associated with repairs and market positioning.Insurance:Obtain comprehensive insurance coverage, including builder’s risk insurance and general liability insurance, to protect against unforeseen events.Exit Strategy:Always have an exit strategy.

A key takeaway from this project was the importance of budgeting for unexpected renovation costs.

A key takeaway from this project was the importance of budgeting for unexpected renovation costs.

@Tosin Oluwatoye a good way to test out your location is to put the concrete pads down, add a 30/50 amp outlet and water line, and then rent out the pads to people who already own their own tiny houses.

Plenty other (smaller) outlets in Miami Dade.

I'm taking a more conservative approach for now as I'm inexperienced and need to be prepared for any unexpected costs, Thank you Nathan:).

Plumbing, GFCI outlets, tile backsplash, etc.? 

Risk Management: Securing enough funding to cover unexpected expenses during the renovation is a challenge.