@Jeremy VanDelinder  The couple hundred bucks may be nice to throw at some lower level subcontractors , but as a professional you would have to move the decimal point to the right to get my attention

You need a professional help doing this. 

Large house = $1,500/mo ($900 for 3 bed, $600 for 2 bed)Small house = $1,100/mo ($550 for each unit)I see a huge opportunity here to buy these houses this fall/winter and let the current leases expire and then rehab them next spring/summer just in time to rent to nurses/young professionals working at the hospital.

Professional Liability (aka Errors & Ommisions or E&O)3.

That doesnt include all the other professional costs (civil, structural, permit fees, etc). 

You should continue educating yourself by reading books, listening to podcasts and networking with like-minded RE professionals through local REI clubs found on meetup and here on BP.

Most contractors will complain about this but the few that are professional will already know and can help make the process less painful. 

These are professionals with additional training and a stricter code of ethics.

I'm not a professional yet, but I have started down that path.

This post is informational only and readers are advised to seek professional advice.