My hope for you is that by having a higher end unit maybe you'll be able to be more selective about the tenant and it will all work out!

Most Home warranties are similar and a pain for tenants/landlords because they routinely deny claims and also take some time to send repair people because they pay the lowest. 

If you’re free tomorrow anywhere between 12pm - 3pm leave me a message on here or shoot me a direct message to work out the specifics.

I tend to stay away from converted houses that are in really poor condition generally as they often have so many code and major structural issues they don't really work out.

Is it simply because there's not a lot of work out there and many contractors our lowering their prices to get anything they can?

@Joseph Belgrad - credit inquires have a very minimal effect on your score (according to myfico it makes up less than 10% of the score) and that small amount is more than offset by having a proven history of paying XX amount of mortgages on time each and every month.My credit is being pulled routinely and I have not seen a negative impact on my score.

Are these estimated values reliable indicators of what a properties worth might be, or do they routinely come in low? 

I suspect your numbers work out so favorably because you may have a higher equity to value ratio than most just buying.  

The terms are subject to the situation, but you may be able to work out a situation where you allow an investor to go 50/50 with you and their role is solely providing the funds while you do all of the work.

You will get a feeling for which properties will work out for your investment plan.