It's incredibly difficult finding deals that fit the above criteria but it also helps narrow down the right properties that work (for me)I love how you were generous with the vacancy rate and kept these numbers real.

Perhaps certain Section 8 providers are more generous and some more stingy? 

.😊 I'm looking to get to know people like you with experience and expertise locally, so I appreciate such a welcoming gesture.

I have already spoken with the eviction officer and everyone is aware of the situation and appreciates that I am being generous in helping the people there.

I agree with the previous posters, margins look too thin to flip, and that's assuming your ARV isn't being generous (I have no idea.)To answer your random question though, typically I believe lenders like to see your property rented out for a year - but there are also scenarios where they can qualify the rent as income if you are able to produce a fully-executed 1yr+ lease even with no rental history.

Thanks for your generous contribution!

I already send in my offer last week and in the end I didn't propose my terms - instead I am waiting for the seller to come up with the terms.The terms I was counting with were pretty generous and so it is possible that the seller will come up with actually lower expectations.

I've already made some great connections and received a very generous offer for a mentorship from a very seasoned investor here in Vegas.

As usual I will begin with thanking all of you extremely generous people who reply with your hard earned knowledge before hand.

This is why people spend so much time on BP talking about finding motivated sellers, because not many people will sell for a price that investors want to buy.If you haven't gone to your local real estate investment group, I highly recommend finding it. there will be people there doing what you want to do, and they tend to be very generous helping out beginners who show they are open to learning.