We then set you up with a team on the ground (consisting of an agent, project manager, general contractor, and property manager) who you will leverage to verify or change our initial numbers as needed; they have hyper-local and real-time knowledge that is invaluable to reducing your required input time and reducing your risk.

Did you offer a reduced rent to the tenant for renewal?

Here's a simplified and effective approach: Gather Information: Obtain details about the property, including its purchase price, estimated rental income, expenses (such as property taxes, insurance, maintenance costs, and property management fees), vacancy rate, and any financing terms (e.g., interest rate, down payment, loan term).Calculate Gross Rental Income: Determine the total potential rental income the property could generate annually.

That should drastically reduce your cost and lower the risk.

She also issued a multi-page memo when form 3115 (repairs vs capital expenditures) came into effect explaining the ramifications to real estate investors, and whether and how they should file the form (All this was included because you were her client, and she files the form for you.) 

We should also include @Pyrrha Rivers.  

I heard about turnkey companies including Martell and Rent to Retirement. 

2) Same S8 tenants don't understand their voucher includes utilities and most rental ad amounts do NOT include utilities.

a good deal for a SFH flip would be the buyer being ALL IN at absolute max 80% of the ARV (including the PP, renovations, assignment fee, closing costs), but a lot of investors would say it has to be max 75%, 70%, maybe even 65%. that said, shoot for 65%, and know your renovation costs. i've used $65/sqft for a gut reno, and until proven otherwise i'm assuming it's a gut job, BUT that PPSF is not always accurate, sometimes there are unique issues with the property that would drive that number way up. it gives you a place to start, though. 

Those with a 20-yr or less can be included for bonus depreciation (60% for 2024, unless Tax Relief Act of 2024 gets passed, fingers crossed!!).