They only rented from me for 9 months so the "normal wear and tear" should be pretty low.Unfortunately, I do not have a move-in check list on file.

@Shaun Ng I discovered Jack Yvers in New Hampshire and he’s made more with investing my funds from my Roth IRA in 3 months than I made in about 5 years.

They have their own device you need to purchase and install.

I usually do month long rentals (as a minimum) but committing to a full year with a tenant makes me nervous.

Remember, hard money loans are typically short-term (3-18 months), so make sure your flip timeline aligns with the loan terms.

We meet monthly in Long Beach with panels or presentations from other investors, or affiliated professionals like attorneys, managers, contractors, insurance brokers, etc....Check it out.

We run a monthly meetup called FREEdM.

REI Live is one meetup group in Sarasota put on by some major players in the area, another local one started up and has a FB group called Suncoast Real Estate Investors that was meeting monthly, there’s another larger one that meets at the Bradenton yacht club for lunch buffet monthly, and one more that meets monthly at a Holiday Inn near Der Dutchman off Bahia Vista.

@Eric MartelMr Martel, with the significant jump in interest rates the last several months, are you still finding buy and hold investors to purchase the properties after the flippers have done the rehab and placed a tenant?

High paying local jobs.Monthly cash flow: $306 /moIncome:  $2,250 /moExpenses:  $1,943 /moCoC ROI: 2.69%5-year annualized return 4.91%   Mortgage payment $1,394.53Rental income: $2,250/mo Expenses: $1,943Loan detailsTotal cash needed $136,739Purchase price$ 336,990Loan amount $206,990Loan term 30 yearsInterest rate 7.1%Monthly expense breakdownTotal expenses $1,943Mortgage $1,395Taxes $280Insurance $47Variable expenses  $180Fixed expenses $42Monthly Fixed expenses: $42 electricity $0gas $0water & sewer $0hoa fees $42garbage$ 0Other$ 0Monthly Variable expenses $180Vacancy $180Maintenance $0 (new construction)CapEx $0 (new construction)Management fees $0 (self manage)ReturnsNOI$ 20,412CoC ROI 2.69%Pro forma cap 6.06%Purchase cap 6.06%