BUT I mentioned the idea of looking into properties in the keys to other investors and they kind of shrugged off the idea.

Be sure and keep posting here looking to connect and the best way to do it is to offer to buy coffee, breakfast, maybe lunch, dinner or a beer. 

Thank you all very much for the kind words!

@Sam Grooms we usually include a certain percentage for construction contingencies for these kinds of situations, but that’s certainly a case by case basis based on the severity of the repairs.

Well, the problem is I already have 2 nice houses that are expensive...Kind of wanted to wet my feet on a cheaper option...Plus, BRRRR model needs time, which I dont really have...Plus when I think how much time and efforts I put into my past fix and flips and got only 20-30K for it- it just does not really make sense to me to work so much and take all that risk and stress...But may be I should think about it...

What kind of questions do you have?

Even 10% or 15% would allow us to get the kind of property we want since we want to save cash to put into the renovation.

Sleeping on a bed with a person you aren't married to  is one thing buying Real estate is another kind of Ballgame. 

I publish my results for all to see: I'm proud of them in a humble kind of wayhttps://www.biggerpockets.com/forums/600/topics/58...

Would appreciate your kind advice.