Rebecca,First congratulations are in order.Second, I'm easily confused and am uncertain I follow your use of "flipping".  

So I don't count the 10% as an expense.Corey - as far as people paying their own water in Delaware, that is not unusual.

Make a decision based on numbers - a CFP would be able to run that for you if you are uncertain about doing it yourself Just some thoughts.

None the less while I was there I felt that the area definitely had a lot of potential, but due to me being there pre-COVID im uncertain what the environment looks like now.

Breaking into the industry and keeping momentum can be challenging, especially in such an uncertain time. 

Here's headlines from today:"Texas orders bars to close as coronavirus cases spike""Fed caps dividend payments and suspends share buybacks for third quarter after stress test" (banks)Its very uncertain out there.  

It would be very UNUSUAL for anyone besides the escrow officer to see this information.  

Unless you have an unusually great deal you can verify independently, I would sit tight at the moment.

It's not unusual to find a lender who will finance 90% of the entire project costs.

It unusual to have a condo purchase cash flow unless the down payment is ridiculously large.