This frees up your capital, cash flows the property, because  you don't have to worry about repairs or vacancy. 

Professional electricians, plumbers, HVAC,... are trained to handle repairs and brand new installations, and can be held accountable if they do sub-par work.It's a mental trick. 

This is what I've come up with so farasking price: 129,000down payment: $4,515financed: $124,485taxes approx: 4k yearinterest rate approx 4.6%PMI approx $100Approximate total mortgage $1150/monthMedian Rent in NH and locality of property 1250/monthx2 =2,500/month in rental income approximately $30k/year2500-1150=1350  after mortgage 1350-50%=675/month for vacancies/repairs leaves $675/month cash flow for savings/emergency fund/student loans/ extra mortgage payments, again this is not including the income from my day job.Am i dreaming?

How I would do it is that I would find a hard money lender to help get the financing for the purchase and any of the repairs for the 4plex plus I would get the repairs started on the 5plex/old hotel.

I think it is smart to have a minimum cash flow goal, because anything less than $100 - $200 per door could easily be eaten away by higher-than-expected repairs or utility bills... and then you end up in the negative cash flow zone.

Does BP have documents for determining a properties repair cost and  documents for wholesale deals and purchasing for fix and flip?

Kunversion incorporates your MLS, your website, your company email, docs, mailings, prompts to call, CRM, etc etc. 

I own a rental property free and clear and am want to pull out 25,000 for repairs in order to flip it. 

One, there is something wrong with the property that would take so much to repair that it’s not a good investment for them.  

Sometimes you can find junker mobile homes that someone will sell to you for $1, but they will need significant repair and are quite rare to find.