Also, for flips, I like to reserve an additional 15-20% in contingency for unforeseen conditions or changes. 

Quote from @Kyle Schachsieck: Thank you all for the information and additional resources!

I'm an agent in addition to being an investor.  

In addition, suncoast will charge you a 1 month rent just to get the property filled, so you are already starting off massively underwater.

In addition to this, I've had 2 clients this past year tell me they used Airdna in '22 and '23 to see projected and estimated income and was drastically different than actual income made with very comparable properties. 

On the positive side, it seems like you have a good potential BRRRR that you can use to purchase additional properties.

means deeding it back to the lender if they will accept it.. easier said than done they may want you to sign a prom note for any loss they could incure.. the thing to do is get the best cash offer you can then ask bank to do short sale if you dont have enough cash or equity to sell . 

If the water bill is $100 a month, increase the price by 20% (or whatever you decide is fair) to compensate you for the time required to split and bill and to cover additional use when tenants squander the utility.

If you ever want to discuss strategies, share experiences, or need additional resources, feel free to reach out.

Continue with a viewing, additional questions, get applications, run ALL checks, and then make a decision.By being very clear about requirements, you will catch most early in the process and can let them know.