However, where utilities are combined there is no easy way to estimate the cost because there are too many factors at play.

I don’t see how you wouldn’t sell for $1M (let’s say net after all selling costs, because that’s how you have to repurchase.

One cost to consider is downtime.

I would also research closing cost and down payment assistance options, the more equity in the house you want to purchase, the more likely the bank is to approve you.

Do I include closing costs even if those included several months HOA fees in advance and same for taxes?

There are lots of scenarios where you can lose money at a foreclosure auction - usually because the sale price plus rehab and future sale costs are driven above the after repair value.

100 year old and if you think $50k will get work done, double that cost. 

If you do go the Ikea route for any furniture, always start on CraigsList or FB Marketplace for used items.If you're renting the space on platforms that don't rely on reviews like Airbnb/VRBO, you could probably keep the furnishings to a relative minimum and help keep your start-up costs down. 

Hello everyone!I'm trying to see if building a new contruction 2-4 unit makes since in volusia county(northern orlando)I've only done traditional rentals with traditional financing.What range of per sq ft am I looking...

That $15K would have to be enough for either a 3.5% down payment using FHA for example and lean heavy on the seller for a Seller concession (Seller credit) which goes towards closing costs.