The marketing functions is where the very host cost comes in.

All that being said, it might not be worth the cost of putting in parking, just be aware on the front end that you’re reducing your end buyer/rental pool by not having it. 

Keep in mind the costs for property management, maintenance, and vacancy rates to ensure you're budgeting appropriately.

You’ll put 5% down but get 2% back on sale (which might pay for your closing costs) and then do a rent by the room to cover your expenses and downpayment for next year) Not sure which university you are at but both Henrietta and South Wedge are solid places to start (serving RIT and UR respectively) Good luck, I personally think Rochester is a great area to start due to constrained supply with a growing population

I would also suggest finding a 100% LTC (loan to cost) lender that will fund all of your rehab and all of your purchase.

ALL closing costs will be paid by the cash buyer.

It saved my quite a bit on interest costs.

Over estimate the costs and not need them?

Fixed Mortgage does come with closing costs and points upfront which the HELOC does not, except a $95 annual fee. 

While using financing does mean I don’t keep 100% of the profit due to borrowing costs, it allows me to take on multiple projects at once and operate in higher price ranges than if I were only using my own capital.