Hello, I need to paint interior of a house, some electrical work and counter top change from formica to quartz in kitchen and bath room.

Have painting, electrical and counter top replacement work for a property.

Things not even related to the house itself can come into play - how is the neighborhood, do you know what your taxes and insurance are going to be, will it need flood insurance, how is the foundation, the roof, the AC, the plumbing, the electrical - things you can't always tell from pictures.As a general rule for myself, if I can't make $50,000 on a flip property, it's not for me... and usually I'm actually looking for closer to $100,000 (net) after reno.to be happy and know that if my rehab runs high, or my sales price runs a little low I will still be ok.  

The MLS is still a powerful tool

Plumbing, electricity, heating and air - all of that stuff needs using or it give problems from sitting idle too long.Your insurance needs to be specific for vacation rentals. 

I am currently enrolled in college and studying electrical engineering.

With great power comes great responsibility.

Potential income stream from tenant electricity.

There is power in having more than one person on a deal, in my personal opinion and I like being able to have value added, as well as adding value.

Also, as @Billy Davidson, seller financing is an amazingly powerful option, and one I always recommend (and pursue myself).