(Drill, Sander, Hammer, ect)Lastly,  what "renovations" can I list as repairs.   

Thanks but I'm devising a strategy around Biden's $15k tax credit proposal.

The homebuilder recently came to me and proposed that I join forces with him and his investor who has funded his home building projects.

I think the last one was a few months ago, a proposed in-person meeting at a cigar lounge.

Can we do long term or Short term rental like Airbnb in that proposer?

Seems this proposal would be better suited for a lease option deal. 

You're looking at the Midwest for pricing similar to that, although it should be noted that both the acquisition price and rental rate will be higher than what you've proposed in any part of the cheapest metro areas so long as you aren't in the ghetto.Of all of these kinds of markets Cleveland is the one I am most familiar with and it's also very popular with investors across the USA so I figured you'd get some value out of reading The Ultimate Guide to Grading Cleveland Neighborhoods.

But, if you are limited partner in NNN deal, a mobile home park, an industrial park, an office building, or an apartment complex, your job is the same: read the occasional report from the GP, cash checks, maybe attend an annual meeting and vote on the occasional proposal.

Most investors and many renovators cannot add a bedroom in a cost effective manner, nor can you recover the proposed profit on a flip. 

I have heard of these proposed bills and will be contacting my representative.