Based on my math, and the info provided above, you might be able to accumulate about $12k in that year...if all goes well. 

I need someone (maybe with a generator) to test the AC for me, and give me an estimate on what it would cost to repair.

I was actually supposed to close this coming Friday (5/31/19) on the home, until I received the closing disclosure yesterday from the bank with an estimated monthly payment that was WAY higher than what we anticipated ($1100 vs $800-850). 

I can't see how someone will be willing to pay at the very least $157,000 which is what it's estimated at.

FYI, always get some kind of proposal, job scope, estimate.

Here is my financial picture:40k in consumer debt75k mortgage60k in student loansMy assets:155k is the value of my homeMy current plan is to do the following:Sell the houseGiven I sell the house for 150k I estimate after closing costs, realtor fees, paying off my consumer debt and existing mortgage I would have 25k left for investing.

Many people I have talked to started with flipping 90k-100k properties, but estimating repair costs seem to be easily underestimated for a newbie.

You just can't clean that accumulated lint out completely!  

On top of that, the costs of owning a home are surpassing the costs of renting, so more and more people may rent for the long term and it is estimated that renter households will outpace homeowners by four million.

Our agent estimated our place in the high 400s and this place is pending at a 510 list price (waiting on to close for actual price0.