There are programs out there to make sure that you don't have to worry about vacancy clauses and any number of items that can come up as an investment property.

I have not yet billed them or repaired (it's flooring damage- aesthetic, but not a vital repair).

If so, I would really like to rough it in now while I'm doing work, rather than have to retrofit it.Any other items to consider?

I'm starting my first flip tomorrow and am already having problems with contractors being organized enough to give me reasonable line item budget.Thanks in advance for any help!

Additionally, it's definitely no guarantee the next property you choose will be so maintenance-free.Good luck and great job itemizing the scenario!

I'm also afraid that I will over improve and upgrade certain items that won't add to the bottom line or help move the house faster.  

So, for a 3/2 I would expect to spend $8500 for mid-range items. 

An item that has not been brought up.

@Leigh Ann Smith - the closing costs are going to depend on lots of different items, hence the 100's to 1000's that you have heard.  

Then the purchaser has 10 days from the acceptance date or 3 days from receiving an inspection report (whichever happens sooner) to provide written notice of disapproved items, after which, seller may request a copy of inspection reports supporting the claim of disapproved items .