No monthly fee.

They can go to foreclosure at any time because the borrower no longer owns the property. 

There is no magic way to build a ton of equity in a short time. 

I was planning to bills my own software based on my books, when I first saw houseflippingspreadsheet I decided that it was close enough to what I was going to build that there was no reason to replicate it.It's not exactly what I would have built (like you said the methodology and format is a little different) but it's definitely just as good, if not better than I would have come up with.

The monthly payment isn't going to get bigger, all kinds of crazy taxes to get out of the real estate eroding the payments you do receive every year and no opportunity to participate in appreciation. 

(Another option to the above scenario is to instead have the LLC lend my father money to complete the rehab so all the repairs are made in his name...but then the LLC would get no tax deductions on the rehab, plus my father would wind up paying interest on the loan and the LLC would incur taxable income on the interest of the loan as well.)I've said a lot here, but It would be greatly appreciated if anyone can give me advice on the best strategy to pursue...Thanks!

-repairs and cap-ex can be the most challenging aspect for new investors, there are no standard rates that will work across the board. $200/mo is a safe bet for a SF of this size for cap-ex, and your repair estimate looks ok.

Construction materials: Frame, no basement, roof: asphalt shingles, Floor: Carpet on stairs and bedrooms, LVP: Kitchen and living room.

However in outlook 2021 Pro there is no way to go in options to deliver this email once every quarter.

The trouble I am having is there is no comps to look at in the immediate area, so I just took some comps that were miles away up further north, and subtracted a little bit since the area was located near more desirable restaurants and shopping.