The house has been fully redone: kitchens, bathrooms, roof, Windows, HVAC, etc.Sale price: $195,000 ($175,000 cash, $20,000 paid interest free over 5 years to the estate)Expected to appraise at between $205,000 and $210,000Taxes: $2,500    Insurance: $1,300Total rental income: $1,750My father will be financing the $175,000 cash for a fee of $5,000 Closing costs: $3,000   Transfer tax: $3,750   Property tax reimbursement to seller: $1250The max financing I can find is 80% LTV.

Needed a new roof and had severe water damage inside and out (at least $40k in repairs total).

El Niño was on our side as we did roof work and ripped out landscaping overgrowth at the start before we moved inside.

I think I also fell prey to the latter on another property because I offered $315 for a property with an asking price of $335k where the CMA pointed to a range of $275k-$330k and the rental analysis held me at $315k max (with 5% for vacancy, 5% for repairs, 3% for CAPEX and a 7% for management- it had a 9 yr old roof and all new AC and appliances so I reduced the CapEx). 

@Jay Hinrichs, I agree that there are a lot of things that can go wrong during a construction project, but I'm using a modular system of building, so we don't have all the headache of bad framing/roofing contractors, etc etc.I appreciate the input!

Brand new roof was just put in the house and part of my rehab costs will cover a brand new furnace. 

Wind storm came through and damaged the shingles, so my insurance company just put a new roof on her!  

This includes all walks, drives, electrical, plumbing, bath and kitchen fixtures, appliances, roofing, painting, lawn, landscaping, and all other exterior and interior items.

But you are still gambling on the criminal aspect if you can't find a resource from their country.

Here's what the contractor told me via email this morning: "Just stopped and looked at the job it's going to cost $1050 to install a fan in that bathroom I have to find electricity in the Attic and vented out through the roof please let me know if you want to proceed with the project thanks"Has anyone else had this done recently?