However, always budget for unexpected issues, especially when adding square footage.Seller financing could indeed allow you to offer more, but you're right to be concerned about funding the rehab.

Have you ever encountered unexpected repair issues during a flip, and what was your approach to resolving them?

Had a bigger pockets buddy buy at the same time and he flew down to get keys and met the management company by accident.

If something unexpectedly changed in 2025, do you lose the benefits claimed in 2024? 

It's also important to account for factors like maintenance, vacancies, and unexpected costs to ensure your investment remains cash flow positive.

The point being, it is always best to have some savings to cover unexpected expenses.

Though accidents could happen, 99% of the time these issues that most people need to get policies for are due to the lack of common sense or for someone accepting responsibility for their actions. 

Include a contingency fund of 10-20% to cover unexpected costs, as price fluctuations are common.Negotiate with Contractors: Build relationships with reliable contractors and negotiate bulk rates for ongoing projects.

I've provided additional expenses for any unexpected expenses during your first year of ownership which results in a NOI of $106,520. 

You make $1800/mo, or $21,600/yr (before taxes, and of course assuming no unexpected expenses arise).  200k/21.6k - 9.26 yrs.