Really, you should just be focusing on finding the scary "big ticket" items that could kill the deal. 

Thanks for the input Mike.Maybe skipping the card idea is the hot ticket then.

The almost year I spent learning and gathering information, "Gurus" and "Get rich now" systems were common and I always thought to myself "Why would someone throw away a winning powerball ticket to go play the slot machine?"

Personally, I probably would not even factor in CapEx if the property is truly turnkey; under the assumption I likely will already be in and out before the big ticket items become due on it

What I typically look out for is the bigger ticket items such as wiring, roof condition, HVAC, etc.

All in all while the start of the year was horrible, I have used the extra money to pay off a small mortgage increasing my cash flow, and I have paid off some big ticket repair items like replacing a sewer line and putting new roofs on 4 properties. 

So yes, on one side of the ticket, get your cash ready because I believe many people will decide to sell.

Red light tickets are expensive!

.)- manager primary responsibilities include (Finding home to purchase and managing sale of FLIP // Acquiring financing or means to purchase FLIP //  Manage finances // Design and purchase of big ticket items (flooring/kitchen cabinets/counters/paint/etc...)- contractor primary responsibilities include (Estimating renovation costs // Final decision on whether to purchase home // performing majority of all construction work // Manage construction and quality )Once FLIP renovation is complete, listed for sale, then sold, the proceeds from sale of FLIP will be dispersedin order listed below.1.

Further, save your money and buy a few tickets on Allegiant Air to Tampa and we'll walk you through each deal on a regular basis under better terms.