Lenders can have different loan options based on the property type and the amount of rehab (if any) required for the project. 

The hours are erratic, it's all commission based and I'd say it takes about 20k to get started depending on the market.

The simplest way is to base it on the market temperature of whatever city you’re researching.

A great contractor takes pride in their work, whether it’s making sure tiles are perfectly aligned or that the trim looks just right.4.

Based on your post and other comments, it sounds like your rehab is extensive enough that the property isn't habitable.

We've never used percentage-based criteria, like the 70% Rule, for purchases.

To remedy this for next time I am in the process of creating a design board that can be used as a base for future flips.

I'm California-based where there aren't any real deals in my area, so I'm exploring Detroit as an alternative real estate investment market - due to the combination of it being a strong market and my having connections in the area. 

I'd underwrite the deal as any other - make sure you are conformable with the quality & tenant base. 

@Jaycee Greene I am looking to buy a primary residence while I am based there, then turn it into a rental once I PCS again two years later.