You can reach out to him direct on voxer but that seemed like an automated reply as well.

I am learning in the real estate business as well but in the Kentucky/Tennessee Market!

I use the calculators here and I use deal check as well.

That probably doesn't work well for rents, and the neighborhood will look beat up in 10 years, when almost every house got sold to investors.  

The hilly terrain is a main reason for this and you can't really see that on a map so knowing the areas is key.We have old housing stock as well so big things like plumbing and electrical can vary cost wise if they have or haven't been updated.

If you are waiting on a repairman for those as well general repairs its going to hurt your profit and your appearance. 

I live in the Research Traingle areas and has been aggressively investing in real estate here as well as helping my investor clients invest in the region.

Based on the numbers you provided, these are well above the debt service coverage ratio of 1.25 hence from a lenders perspective, this is loanable.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Over-budgeting is critical to ensure that renovations don’t eat into your profits.Market Fluctuations: If property values in your area do not appreciate as expected, or if you face a market downturn, the amount you can refinance for may be lower than anticipated.Financing Challenges: Securing financing for the initial purchase and rehab, as well as refinancing after the property is rehabbed, may be challenging, particularly if the property is located in an area with fluctuating values or if the rehab work doesn’t immediately improve the property’s appraised value.Tenant Risk: Rent collection and tenant management can be unpredictable.