Climate risks, cost, etc., are the other risks to gauge.If you live in Miami, I would def focus on Miami.

Moving forward it is best practice to obtain your own third party estimate for repairs and use that support the repair contingency or price adjustment so that the seller has no influence on the cost estimate or timeline.

What sort of property do you think you are more likely to accomplish this, low cost market or higher cost market? 

If I had contracted out the work it would've probably cost about the same due to holding costs in the winter, time off from my job and general focus I had to put into it. 2.

Your value is 395k and your loan at 90% to that value is $355,500 - what your current balance remaining is of 325k = $30,500 that is how much your line of equity might be minus closing cost. let me know if you still have questions. 

Deal like this need at least 25 to 30% plus closing costs.

All in, it should cost me around 35k and the mortgage is 46k at 5.75% with a payment of around 645 and HELOC I used for repairs at around 350.

If the locks have been change, you can drill out the locks and charge them both for the costs. 

Partner Driven financed the N Deerview Dr deal using its own capital, covering the $268,750 purchase price and $60,000 in renovation costs.

Partner Driven financed the N Deerview Dr deal using its own capital, covering the $268,750 purchase price and $60,000 in renovation costs.