I like Gulf Shores because I am looking for high-appreciation markets that can still generate a minimum 15% cash-on-cash return (CoC).I scrolled through the Deal Finder to review some deals with my set parameters: 4+ bedrooms ✅3+ bathrooms ✅No condos ✅View (sort of) ✅My price range ✅This listing sparks my interest.

Lily,Looks like when you are done you will have a great ARV Congrats! 

Things like income documentation, background checks, credit reports, etc mean a lot more to me.

Feel free to reach out though if you'd like another look, certain areas have decreased rates for investors based on the area and price so might be eligible.

Double-check whether one of those fees could be mislabeled or duplicated by mistake.Since you're using OHFA’s 5% DPA, you should expect some additional fees related to that, like possibly higher closing costs or mortgage insurance.

You claim your child as your dependent one year, then you don't, and then you claim her again.

There is ZERO chance the repair would be made within the guest’s stay. 5 days is a fast repair for a warranty company. 10-14 days for the first attempt is more likely. 

I suspect that 5% or so that do wholesaling full time make at least 50k with the 1% ers making multiple hundreds of thousands and I am sure there are 7 figure wholesalers as well.those that have massive marketing budgets  like 20 to 50k per month. 

If you charge below market rate, you will attract low-quality renters who are more likely to trash the property and make your life miserable.

Like @Andrew Steffens said, I don't need to arbitrage it.Regarding some of your other points.