It posted before I finished (user error though!)

The margin of error is much lower on flips compared to rentals. 

There are numerous resources online to find templates, ideas, things to add, and how to delivery them to your tenant.

There are numerous resources online to find templates, ideas, things to add, and how to delivery them to your tenant.

On the other hand, doing nothing meant taking a big chance on the integrity of an existing roof covering—a roof covering that had already exceeded its statistical life cycle in sustaining numerous repairs along the way—to make it through the Winter ahead and protect inventory inside the building against water damage due to a roof leak.

Cons = Some people may be reluctant to use due to the cost (as evidenced by the numerous posts on BP that really should be directed to attorneys or CPA's yet get posted on a public forum instead). 

Pls let me know if you made an error on the number you posted for me ..

Here are some thoughts:Rent minus PITI is a long ways from actual projected cash flow as there are numerous other expenses.The fact that you meet the primary residence qualification to avoid taxes on gains must weigh into any decision.Retail SFR in San Diego do not cash flow at purchase. 

Going over the numerous posts on BP will certainly help to find both sides: the investors and the sponsors in order to start networking as @Mike Dymski advised.

I know this subject has been discussed numerous times and yet it still seems to be a "burning" question for many newbies (I am one of them).