It's been great - the property is 100% paid off and the house is worth 300-340k generating approx $2300/mo (that's after utilities/management fees etc.)I'm considering selling the property to buy 3 more within the same price range in the same market. 

To add value to the property, we undertook extensive renovations including the removal of over 40 yards of trash, installation of a new septic system and wall-hung boiler, and a new well pump.

I should have elaborated in how the utilities are handled.Septic is the only private utility, and thus is my responsibility.

They have failed to renew my entities with the Secretaries of State multiple times, have billed me wrong amounts, and GREATEST OF ALL, have cost my business ~$50K in cumulative TAX PENALTIES due to negligence in filing for a tax extension, failing to walk me through my tax filings and needed payments, and failing to file an abatement promptly.

Generally as a new fix and flip investor you would want to target cosmetic projects that do not require an extensive rehab budget.

To add value to the property, we undertook extensive renovations including the removal of over 40 yards of trash, installation of a new septic system and wall-hung boiler, and a new well pump.

They both have extensive experience in Duluth.Thanks for the mention @Tim Swierczek.

First off, the approach that was utilized in the cost segregation study might not be explicitly mentioned within the cost segregation study report.

We decided I’d utilize an FHA loan to buy my first property.

Typically the more extensive the rehab the higher the value add.