The only thing you could collect like that is something that would protect the safety and security of the property....maybe new door locks, fixed broken windows, leaky roof, etc.   

Safety first and I'd appreciate your feedback!

And how MF homes investor deal with this kind of electric safety issue?

As a landlord you add liability if you have a promise, overt or implied, that you are offering safety.  

You also seem to have factored in a decent amount of safety in CapEx and maintenance.

My concern is that with the BRRRR, if I go conventional, I do not have enough capital to do the rehab I want and have enough $ as a safety net.With my contract, if I wanted to switch to conventional, is that possible or do that risk the seller backing out?

My current goal for RE is to get some cash flow going so I can be more confident in straining away from my safety net of a job.

@Travis TimmonsI agree in theory with your idea, but in Colorado, the expectation of "safety" for your STRs in vacation rental markets is not something you can rely on.Breckenridge, for instance, the biggest ski town in Colorado recently capped the number of STR licenses. 

No headaches, since all work is done by the operators, and even enjoy some safety from diversification.Real estate clubs are a good way to meet the principals behind many syndicated real estate investments.

For everyone investing in real estate there's that moment of having to jump without a safety net.