You will have sunk about 14k plus closing costs into the deal.In a few months the work is done and you get a PM to find you a tenant and get a lease and collect first month and security and now you can do a 75% cash out on that 215k. 

I’m curious, what’s been the biggest hurdle for you when it comes to securing funding for your real estate projects?

Well there's a reason they screen their borrowers, secure their loans with a first position trust deed/mortgage and charge a small fortune to make such a loan.

For now, robust insurance can provide liability protection, with an LLC added later as your portfolio grows, balancing California's fees with liability needs.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $600,000

Cash invested: $100,000

Here is an investment Flip Property I found for my clients in the highly desirable...

Once the municipal/state requirements are all set, do a thorough screening for any prospective tenants, have a solid lease ready to go, and take move-in pictures to have on record for any security deposit deductions after they move out.

You may or may not wish to fix it since its likely too late to charge the last tenant's security deposit for it and also that it sounds so minor that people didn't even notice it right away.

After securing a deal, your focus will shift to closing, finding tenants, and setting up efficient management.If you haven’t already, building relationships with local agents, contractors, and property managers in PA can save you a lot of time and hassle

That would allow you to dock their security deposit more than just for the prorated rent for those few days.

Invest in a security camera—we had a break-in where someone lived in the house for days and stole appliances, which insurance didn’t cover.