Tenants should be paying for electric and gas in any case.Third thing: make sure that you're scheduling tune-ups, once in the Spring and once in the Fall.

These three cities from the rental income of $3,000-$4,000 list were on my list of markets to check out and helped validate my research even more:#20 Richmond, Virginia: Airbnb rental income $3,247#32 Round Rock, Texas: Airbnb rental income $3,418#53 Henderson, Nevada: Airbnb rental income $3,909It is broken up by rental income segments ($2,000-$3,000; $3,000-$4,000, etc.), so some numbers overlap, but there are some excellent data points to consider.

Rent Relief (I think it came from the Covid Rescue Plan) just paid 7 months worth of rent (past and future rent) as well as her water and gas bills.

But the best ways to get started are, in my opinion: 1) save up enough for a 10-20% down payment and then save a lot more on top of that for reserves, overages, and any unforeseen repairs.    2) have your financial house in order and have credit above 700 to get more favorable rate and terms from lenders.   3) speak to a loan officer that is experienced with fix and flips and get the necessary documents together for a pre approval (typically not much required, usually a valid ID, LLC docs if any, and two months of bank statements showing funds for down payment and reserves). 

Those funds are valid if you supply the note and mortgage/D.O.T. 

That's another thing.... there IS no signatures on the listing agreements except ours which would seem then it is not even a valid contract.

@Sam Kay, I have never had to pressure test a house after water service is started, but I have replumbed more than a few houses, and pressure testing is a rough in inspection requirement (same with gas lines).  

All your points are valid in any circumstance so I appreciate the information.

Driving for dollars can be an effective strategy the costs (gas, time, energy, materials) have to be added to the deal analysis. 

If your job doesn't pay a lot and all of that goes to rent, gas and groceries, it might not be possible.How much you will be qualified to borrow depends on how much you earn, so if your job pays less, you will be able to borrow less.