Sure don't do the renovation, I only do renovations that project a return of 2x the cost of the renovation.

Even with renovation costs and insurance costs the fix n flips are still making money.  

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.

I found a CPA to set up an llc and s-corp for me.

I’ll shoot you a message so we can set up a time to chat!

You’ll put 5% down but get 2% back on sale (which might pay for your closing costs) and then do a rent by the room to cover your expenses and downpayment for next year) Not sure which university you are at but both Henrietta and South Wedge are solid places to start (serving RIT and UR respectively) Good luck, I personally think Rochester is a great area to start due to constrained supply with a growing population

It costs roughly $100/mo but is well worth the expense.  

There were a lot of costs that we didn't expect like the plumbing had to be completely redone.

Although I know most sec 8 landlords use it because of the perception of guaranteed rents.As a small home builder I really dont know how they are going to lower the cost of new construction housing unless the govmit subsidizes it somehow.. basically the price of home components are very sticky they only go up. with the xception of lumber that will go  up and down through out the year..

You can also assess a dollar amount that you value the cost of these requests to be, and ask for these as a discount from the purchase price or a concession to you for closing costs.