I would like to read over them and be able to ask questions and speak with you. 

3) Exterior, interior and overhead at the end?

@Dean GulloTo build connections in Southington and surrounding areas, join local real estate meetups, connect through BiggerPockets forums, get involved with local landlord associations, reach out to real estate professionals, attend town or community events, and expand your team.

Thus, it's rare you can sell within the first 2-3 years and not lose money. - And it's not just investors. 

And what requirements would be?

It was a cut and dry project and since it was my first deal it was an easy entry having already been slightly remodeled.

There are always people entering the market and leaving the market all the while the many investors that do this for a living will stay and grab deals.

Gifting the property to your son transfers your basis ($265K) to him, allowing him to sell at his lower tax rate (0%-12%), but requires using part of your lifetime gift tax exclusion.

Also depends if you are getting appraisal and what attorney charges for creating loan docs

+1 with @JD Martin and @John Underwood.I do get the info is valuable for those that are just getting started.