@Robert AndradeHi Robert,Fix and flipping will give you experience dealing with contractors and hitting deadlines.Holding and fixing and flipping are two totally different models.  

Then I ask them if that seems reasonable and what other items I missed.

You also have to worry about the tenants personal items being swiped, or, a tenant at least suspecting that a missing item was stolen by the handyman or plumber, even if it wasn't.It can be a real pain.

Those are some items that come to mind.

There have been 3 homes in the neighborhood with same model home that sold for $40k more then the listing price of this house.

After I'm under contract, I'll continue to address the higher risk items until I'm totally comfortable with the budget and scope.  

@Karen ReynosoThere are two business models you can use with an IRA.IRA Custodians (trust companies) hold the IRA account and process transactions.  

Sorry but I don't see any business model here.

Of course there were a number of rejects and we were given until mid Jan. to complete the work, -amongst the items a lead clearance, -in order to get a certificate of compliance.

I am thinking about providing new tenants with a welcome basket of basic cleaning supplies and household items like: paper towels, toilet paper, toilet brush, plunger, dish soap, and all purpose cleaner.