Education will be your biggest gain from your initial deal.

We decided to initially rent for our first year in NY while we get to know the new area before making a major decision.

I was initially really drawn to Texas or the Southwest...

So my initial thought was to paint them to look like these rough sawn farmhouse floors on Pinterest, but being my first flip, I wanted to reach out to see what is actually the best “to market” option?

When you initially started how did you look at a flip and say ,"This remodel will cost about '$x' " I have a detailed list of everything that COULD be fixed but I don't know the exact cost estimates.

My initial focus will be wholesaling, flipping and possibly buy and hold for renting.

Basic overview would be, hard money or personal loan to purchase, then 70% LTV delayed financing, then HELOC to pay off the last 30% on initial loan.  

No its plenty on that block and a few others that 179k for bigger home renovated in and out, my realtor has confirmed the comps also we did the initial walkthrough and might be able to get it for cheaper for the condition.

Going forward, and while it may not make a difference, when I get a new tenant I'm going to stress the SD language in the lease and have them initial by it.

In the short term, yes the management fees and cap ex in alot of the initial parts of the investment will be eaten away but if you're in it for the medium to long term you will be fine.