You can get hit with big CapEx items that'll gobble up your cash flow for some time.The value of SFRs isn't based on anything in particular, just market sentiment.

Put items on it daily!

Has significant emotional upset with regards to this property and a series of previous contractors stealing money and doing poor work.Potential Total Profit at outset: $25,000 - anything I loan to investor 1's entity (after 10% sale & closing costs & concessions)4 weeks later / progress to date: I've spent/loaned $10,000 and worked 100 hours at the property to check items off what's needed before we can list the property on MLS.

Philadelphia really has a diverse real estate market extending opportunities in all categories.Big suggestion to join Diversified Investors Group your local REIA Linked to National REIA which extends education, networking and opportunities.House Hacking is a hot movement right now whether using FHA or Freddie Home Possible.Let me know if there are any questions.Regards,Joe Scorese

What other items on here that require more labor dollars could I possibly knock out myself?

I do, however, pay extra for quality insurance policies that do not prorate needed repairs based on the age of the item getting repaired. 

Tell them what is needed, they'll tell you how it's done by the bid.For line items that are vastly different look at what makes up those differences?

This is the property in question: https://goo.gl/qjnBJK The top maintenance items are: cleaning up after tenants move out (paint, carpet cleaning), monthly landscaping ($90), and a smattering of appliance repairs.  

The contractor and I have a good relationship, he often does small work for me without a charge and in fact fixed some of the items the tenant had broke without a charge.

As part of this preparation, I am meeting with local CPAs to introduce myself and interview them for a potential fit for assisting me with tax related items.