The repairs would be 20k higher to flip. ( new windows kitchen rehab etc) Rents just are not that high in this area Spokane Wa Its a very large house 3000 sq ft.

If you are in a decent location:- wood or vinyl plank floors- granite countertops- 2 tone paint- washer/dryer hookupsI get the granite done for about 650-900 dollars for kitchen and bath. 

Also, why didn't the inspector see the illegal vent pipes under the kitchen sink?

I also plan on putting some money into the kitchen new counter tops/appliances, before putting it up for rent.

Concept requires minimum cooking so no need for the expensive kitchen requirements (hoods, grease traps, etc)Looking for a high traffic area with national anchors with a young affluent demographic anywhere from 1,000-1,800 sqft.I would also be open to an up and coming trendy part of town visited heavily by young professionals or a food popular food market stall.Have $135k in Personal SavingsAnother $25-$75 in business loans and/or angel investingSolid credit Low 700's with extremely minimal outstanding overhead expenses So what I would like to know is how feasible is it for me to get the kind of space i'm looking for and what should I be doing to strengthen my credibility over the next year?

I put down 20% when i purchased it for around 55K, put in about 2k in new kitchen updates.  

could I get in trouble if I'm not actually sleeping there because there is no bedroom, kitchen, etc?

The kitchen was the trickiest part of the house due to a VERY poor original layout - but I did my best to make it the most functional and aesthetically pleasing kitchen I could. 

I also see that a majority of these houses fit in two categories:  a)the stairs to the second floor are against one of the long walls near the front dooror b) the stairs stick out from the wall perpendicular separating the living room space from the rest of the house (kitchen, dining room).

So finishing up my first flip put the granite in the kitchen glass tile backsplash looks nice ..too nice for the area but not the point .I decided to try and sell this house on my own since I'm splitting the profit 4 ways and don't see what a seller agent does except put the property on the mls and collects 3%.