I have a question for all you Fix & flippers in my area.

Quote from @Michael James Hamlin: We just moved to Baldwin county and we are looking to network/partner up with other professionals in new construction, fix and flip or commercial.

The apartment has repairs that presumably can't be made since there's no money to fix them. 

I’d appreciate your perspectives.Here are the details about our current home:3/2 Class A property in a middle-America town with historically ~1% annual appreciation.Purchased in 2020 for $200,000 at a 3% 30-year fixed rate.Remaining mortgage: $150,000.Estimated value: $270,000 (based on recent sales).After selling costs: Likely $100,000 in net proceeds.Rental potential: $2,000–$2,300/month.PITI: $1,200/month ($700 mortgage + ~$500 insurance/taxes).Maintenance/CapEx/Vacancy (20%): ~$400/month.If kept as a rental:Net cash flow (self-managed): ~$500/month or ~$300/month with property management.Low appreciation potential but ~$400/month in principal paydown.Considerations:What’s the additional overhead of managing a second rental property remotely (3 hours away)?

Although a different business model then you have been successful with I am really trying to dial in some of the expenses.

We've had her for 10 months, she was quiet, kind, when she had an issue with the apartment she would let me know and I would come fix it.

The nice thing about the arbitrage business model, is the companies usually pay you a monthly rent, and then they handle all of the AirBNB stuff. 

If the old wood siding is a standard type, that you can fix(where necessary) easily, that's the way to go. 

We had a couple companies come in and give wild quotes to rework our system, then found a guy who showed up with schematics and trade journal articles on our particular system, spent 2 hours educating us on it, then cost about $500 to go around and fix all the crappy work previous "contractors" did to the system to try "fixing" it. 

Investment Info:Condo fix & flip investment in Las Vegas.