I have heard this area is very saturated and since you have no intention of using the property yourself, I would look for a different area and property that would be anticipated to cashflow.

@Wiey Underwood Here's an article you may find helpful as well:https://www.biggerpockets.com/forums/51/topics/1113749-cost-...

I'd love to connect with you & learn more about what you are looking for in a deal!

Once you look at 100+ properties that have rented you will have a much better idea of what rents could be.

So far this makes sense yes?

What made you interested in investing in this type of deal?

I can walk into a property and know within 10% my rehab costs. 

This is the point that in my mind the house has reached a balance point and is stable.

Love the style/look

In response, I had a plumber and a water restoration company come to assess the situation.The restoration company cut into the drywall, and the plumber thoroughly inspected all the pipes, performed a leak test, and conducted a pressure test.