And, the reason you made the post is apparent to me now - you think the key is the sponsor.Back to the drawing board :)Fair enough Ben, we can disagree on this point and it's still 100% possible for both of us to be successful. 

You want to be sure you are in compliance with all local and federal fair housing laws.

I'm fairly new to flipping. 

The future is fairly unpredictable, so be careful. 

There are 2 bed 1 bath units, the units have large living room with fire places (not working) and there are also large dining rooms and fairly spacious kitchens.

But Randy Richter is an excellent realtor who has helped us purchase our rental houses in Cedar Rapids.The rental inspections are fairly thorough, but not unreasonably picky in my experience.

So to be fair, I’m not sure how much some of it would cost.

I give them a safe, comfortable home that lives up to the advertisement and treat them honestly and fairly.

The school district is excellent and the rental comps are fair on par with comps in the area as pulled from my realtor. 

The listing and marketing is fairly straightforward and they include ways in which you can directly divert fees, cleaning fee, directly to the contractors responsible for those operations.