The result, he got after completing the work was really appreciable.

I am a complete novice when it comes to real estate investing other than being familiar with general investment principles and real estate investment terminology.  

I'd tell the board you plan on filing a fair housing claim and explain to them that fines for fair housing violations can reach into the hundreds of thousands of dollars. 

I'm  saying you cannot provide 3 verifiable cap rate comps that support your claim of 8-10% cap rates. 

Jonathan Smith What did you think of the off the shelf lease vs. the one you had completed by an attorney?

I was planning on demanding the following:Properly perform the poor quality repairs for no additional chargeBe reimbursed for repairs I did not approve and were not critical to get the condo back on the market after the bad tenantBe reimbursed for the additional cost of the home owner's insuranceAfter the above are sections are completed, terminate the contract and get a different PMIs this too little to demand?

My current goals are to educate myself in flipping and buy and holds and have my first real estate flip completed by the end of 2017.

I have completed a number of real estate transactions over the last 10 years and currently have 2 rentals back in Aus. 

I'd really appreciate experienced investors to take a look at my work and let me know if my assumptions are sound or if I'm completely off base.

As to the BRRR thing, that's an old tactic, buy n hold, you're a victim to financial changes along the way, it is not infinite as the gurus claim, you have loan concentrations as you acquire more financing, your available LTVs will drop as inventory increases and hard money doesn't last for the long term.