Include how much money is being invested by your friend (downpayment and the fix & flip costs) who will be managing the project, who will be making key decisions, who is doing each segment of the renovations and spell out specifically all the costs for the flip - including: Money for renovations, taxes, insurance, and loan payments while they own the house, utilities, marketing the property for sale & the agent’s commission - if using a R.E. agent.

For us, when we're looking at properties, wells and septics are a negative as the maintenance and repair of them is a landlord issue vs the public utilities that are paid by the tenants.

Purchase price: $230,000 Cash invested: $26,000 Utilized as a profitable STR with a projected gross annual revenue of 60k.

You also have to pay for the extras (internet, cable, utilities) as well as furniture, dishes and linens.

I am putting together my first private loan deal for an investor and could use some advice...The approach is to utilize the private money loan to acquire the property (down payment, closing cost etc), use my own money to renovate and furnish (very little work is needed, more so cosmetic) and stand the property up as an Airbnb. 

Can you cover her new mortgage, plus taxes and utilities on both properties on $25k/year less expenses?

If all the utilities are Private, that makes things simple and typically  eliminates the requirement for "profiling" these drawings.- Are any actual roadways needed, or is this all just driveways being added? 

Ended up renting at 1600 with tenant paying all utilities except water with a one year lease.

Clever move on their end but if they are being required to pay for it than they should still have the right to it, are they also still paying utilities. 

A ton of meetups utilize meetup.com.