I put in a little work developing a high level scope of work, assigning values and 3 resulting estimates so that I can not only determine what I think it will cost but what the best and worst case scenarios likely are.

@Andrew Freed I did a material estimate and on the high side I expect to put around 38k into the rehab.

turnkey means - you buy it with a high interest rate and high down payment, perform no value add, rent it out, and hope the HVAC doesn't go out in month 4.where or how is that 'cash flowing' right now?

I'm graduating High School in a month and I want to get straight into Real Estate, I'm 17 so until I'm 18 I'm unable to get my real estate license (though its not needed in the state of FL for assigning contracts) and I don't have an LLC that would allow me to sign REI documents. 

Their real costs are in the fill fees and high costs of repairs and maintenance. 

So, a decent deal is likely to get better over the long run. given the high amount of cash needed for brrrr do you feel it would be better to start with a long term rental as an initial investment that has less risk involved 

They're an exceptional and highly professional team.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

Let's partner up, share our experiences – the highs and the lows – and learn from each other's journeys.

Houses are cheap and rents are high.