The biggest issue will be the need to turn on the utilities for the appraisal along with the inability to do any lender required repairs prior to closing as HUD does not allow this. 

The biggest problem I see with new investors/wholesalers is their ability to evaluate a deal and get it at the right price.

Leasing a car was a mistake, so my two biggest goals this year are to buy a car in cash when the lease is up to eliminate car payments, and eliminate my student loans.

The biggest reasons being that it sounds like the rents are maxed and there isn't much value add. 

@Kiera Underwood Great advice, working on that now, have a couple pieces of the puzzle down, contractors seems to be the biggest challenge from what I can tell@Stephen Glover I've seen you a lot on the Richmond forum, I will definitely reach out! 

@Kiera Underwood the return starting out won’t be much that was my biggest thing.

That and I imagine that any damage to their furniture could be taken out of the deposit at move out.I guess the biggest consideration for me with this property is do you expect the property to appreciate?

But the biggest factor is price. 

Of course, the biggest question right off the bat is why would you spend $210k on a property that you only expect to be worth $150k>As far as the analysis:You can probably pull back repairs and CapEx to 15% combined.

Managing the cleaning crew is actually the biggest headache but it's tolerable.