@Ricardo SabogalWhat I mean is there is a lot of gray area in some of these rehabs, and unless something is specifically mentioned in the contract, it becomes a matter of "whats industry standard".  

If I were a betting man, I’d guess that opex would be closer to 50% given a lot of expenses are fixed (lock change, carpet cleaning, owner paid utilities, appliance repair, just to name a few) regardless of a unit renting for $500/month or $800/month.

So, I understand wanting to utilize the VA loan opportunity.

Usually you need to keep the utilities on and in your name through the last day of the month. 

because the industry as a whole is starting to warrant more and more attention.  

Evidently the buyer's lender required him to pay off his credit card balance in order to be approved for the loan, and the buyer refused/wasn't able to.The asking price is $128,000, but I was thinking of utilizing a BP calculator report (shown here) in an offer to show what it takes to achieve my coveted 7% cap rate and 10% COCROI.

The asking price is $128,000, but I was thinking of utilizing a BP calculator report (shown here) in an offer to show what it takes to achieve my coveted 7% cap rate and 10% COCROI.

For my rentals I require the tenants to have the utilities in their name.

I agree, web-based ads are likely under-utilized in REI and I've also been curious about how that could be done well.As far as what I'm looking for, it's fairly open on a flip (less so on one I'll hold).

They seem attractive in the sense that they are self sustained, required to be cleaned by guests, and very minimal/no utilities (depending on how fancy you go)Examples:http://www.huts.org/index.php  http://www.huts.org/Reservations/Dates_Rates_Capac...