Build in late 1970s, 3 bed/2 bath, 2 car garage, approximately 1600 sqft, need new carpet, possibly new roof, has some foundation issue, and require general update through the property as stated on the flyer.

To address the type of flooring material, first off, if you want a "luxury impression," stay away from the laminate fake wood.I would consult a local expert, but that said, I understand engineered products--with a substantial veneer thickness that's able to be sanded and refinished--are both functional and comparatively inexpensive to install over a grade-level slab.In terms of color, this is always subjective (and depends on what's going on with the kitchen finishes), but I would recommend a mid-tone finish for a flip.

Happy to assist and as far as lending is concerned. crime rate call the local police dot and get updated crime stats

If you get and stay plugged in here, I'm sure you'll find what you're looking for. 

Stay connected.

If using new contractors you will need to update the permit.

UPDATE:   I renogiated the terms of the deal and got the seller to agree to a traditional deal. $1,500 earnest money, held by a 3rd party.

Stay engaged!

If anyone knows that area of the world, is my Vacancy %, Repairs %, Capital Expenditures %, Property Management Fee % set up correctly or does it need to be updated / changed?

Think great concept for older people want to stay in area but need a more supportive community around them