I don't want them collecting rent and then driving both checks to the credit union to pay. 

I figured that would be the case if something comes up to have a buffer for extra expenses.

Price materials and labor cost will depend on how large of scope of work but a good company is going to be around 3500 a week plus cost of over head we also pay 30% tax on our income also like you guys but if you anticipate 4 week rehab well be ready for minimum of 14k in labor +14knis low end in my opinion... now I'm currently eating my lunch on a rehab from hell but it's gonna be a work of art from where it came from... this was the worst of the worst in my career water damage to all structural raised the roof on a horrible addition and did it correctly. 

If a lender saves you $200/month on the payment but you spend an extra $8k in fees, you didn't get the terms you think.

A side benefit is that the applicant pays Zillow not you for the application fee and their application can be reused for 30 days to submit to other landlords.

Although 15 years is an eternity for an investor:)Why'd you pay "market price" if it needs work and under-rented?

@Raza Rizvi A benefit of an LLC is that it can provide extra liability protection for you. 

The fraudsters use a portion of the money they collect from investors to pay the sellers their commissions.

Those areas near Orlando are pretty saturated with investors in my opinion because people want to be close to Orlando, but pay less.

By the time you pay for shipping and mistakes you will not be saving any money.