I am worried that  it will cost alot. the concrete floor is already ripped up.

So, my suggestion would be to get into a position where you can handle the cost of maintenance without the warranty and save yourself the extra money that you're paying. 

Typically, distressed properties literally sell for Market Price - Expected Rehab Costs, so any equity gained is mostly sweat equity.

It costs a lot of money to have people fact check this spreadsheet.

Hey daniel,beautiful setup you have there, and thanks for the good advice.. honestly i was just looking for something to house hack in puerto Rico but still keep my properties here in NY.

Because of the increased rent from having 3/2 vs 3/1 of $800 per month with added rehab cost of $25k, my break even is 2.6 years.

I've had to chaop down a massive oak that cost me about 5K to remove but other than that, not too much.

If you are a flipper, your real estate along with related costs are considered inventory.The bare minimum feature within Quickbooks is to have the inventory feature.

STR looks like an attractive option but I am a novice in this area so looking for input on realistic income and cost estimates of a STR managed by a 3rd party property management company. 

What does it cost, 0.5%?