(North Conway is a year round tourist town) Looking forward to all the possibilities out there is exciting, what concerns me is that I don't live in a large town.

You are trying to put a square peg right now into a round hole with an oddball situation.This is something a mortgage broker would have to run generally by their supervisor and possibly an underwriter.

I also think I could bump up that rent some on the next go round.

Don't try to fit a square peg in a round hole.

Cash for keysGive the tenant a cash bonus for leaving immediately then take that apartment.

And tape can cause nut to become out of round upon tightening and can jump thread, not allowing it to get that last bite.I also found black iron pipe nipple on water supply.

You have a $120K loan (I'm rounding on all of this). 10 years later its worth $250K, so you do a cash out refi into a new $200K loan.

They are typically talking on their phones as well which is an added bonus to deal with it.

It just doesn't work that way in the residential market.So, assuming:- $62,000 purchasae- $12,000 rehab- $106,000 resale- 12% of resale in fixed costs (just guessing, let's round to $13K)The potential profit is:$106K - $62K - $12K - $13K = $19KSo, if you're confident that your ARV and your rehab costs are accurate, if your fixed costs are in the $13K range, and if you're happy with a $19K profit, it's a good deal.Just make sure that rehab number is correct...I don't tend to do too many rehabs for under $15,000 these days...

If we just round out a percent to be close to those costs, say 10%, then we understand our net recovery from the real property sale event is 90%.