Are there any contingencies or reserves for unexpected costs?

You may also want to confirm that your estate planning is in order to ensure that someone can seamlessly step into your shoes to deal with tenants in the event of accident or death.

It’s a 2006 home so no crazy unexpected issues.  

Making a larger down payment can improve your loan terms, but keeping some cash reserves is also crucial for unexpected expenses and future investments.

Since it is your first deal, some things to consider before acquiring would be:- Have you underwrote to account for unexpected expenses?

Keep them updated on the project's progress, especially if you encounter any unexpected issues or delays.- Consider using hard money loans as a bridge to longer-term financing if you're planning to keep the property as a rental.

It simply takes more knowledge to be able to consistently have positive outcomes flipping homes, and buying a property that has unexpected expenses can quickly tank a project. 

Accidents happen and grills and fire increase those odds but that is what home insurance is for that peril.

Done properly, an investment made today should have “priced in” the factors the were previously unexpected and resulted in trouble. 

I can't seem to get to the Pro area except by accident from trying different options.What am I doing wrong?