I look for two or three months to find a good deal and once I've landed one, it takes me anywhere from 30 to 75 days to rehab it (I do some of it myself like demo, paint, landscaping, etc.).

Rob, I am finding most of my leads on the county website (Houses that are scheduled to demo).

We are looking at some plumbing costs, and hvac repairs.I will keep you updated as we progress- we are mid demo now on things that need to get removed.

The government love to spend taxpayer's money, and I saw it first hand about 10 years ago when I submit a bid to the government, and I bid 40% higher than what the government budget was, and I got the contract because I was the only one that provides a demo showing what they will be getting.

I changed the offer to  $70k all cash and secured a $30k working loan from a family member.I did much of the demo work and replaced the garage door opener.  

Yin & Yang. 

SO now i have a shell of a house  - its been demoes and dryed out-  I know  a few guys in the trade who are not working who are going to board it for me.

For instance; I demoed the whole place, removed one wall, three doors, painted the basement and large mud room and removed all flooring that needs to be removed, and by the weekend I should have the yard all cleaned up and ready to go.

The ground level is currently occupied and the above level units are unoccupied (I will be living in one unit) and the other unit is vacant and will remain vacant (left in demo stages).

Property: 5br/3ba, 1 acre lot w/ 30x40 Pole BarnARV: $215,000 - $220,000Purchase Price: $70,000Renovation Required: Estimated $80,000-$100,000... 100% complete renovation required - home in disrepair, utilities shut off (but operational per seller), owner living there with kerosene heater and gas generator currently; drywall repair/replacement throughout; new flooring; some new windows; complete kitchen demo/renovation, everything else you'd expect in a flip.Potential issues: Home exterior is 100% brick; my partner thought he saw some issues (bricks cracked/missing) in a couple spots on his way in; house smells (like money to me - like a combination of dog urine and marijuana to most others!)