I'm thinking buying it for 80k-120k, putting around $20-25k on rehab and spend the leftover savings on equipment and starting the business.

I am looking to purchase a 1,500 square ft 3 bed, 2 bath house as an investment in Tampa Bay and have narrowed down my search to two identical houses/lots in different communities built by the same developer, DR Horton.

I have my own equipment , its an easy job for me .

Thousands of homes in TX, LA, & FL are dealing with flood damage right now that are not in flood zones.Workers Compensation coverage if you have anyone on payroll, any subcontractors that do not have their own coverage, or if you have any Statutory employees (most common would be realtors).Business Auto may be needed depending on the ownership, size, type, and use of the vehicles used to service the properties.Equipment coverage may be needed if you have Tools and Equipment you use to maintain the property such as Tractors, Bobcats, power washers, generators, etc.Builders Risk policy could be needed if you are renovating a property before renting it out.Hope this helps with some possible policies you may need.  

The way i would view it is the installation of all that equipment most likely did some damage to your house that now you will have to get fixed when they move.

Here are a few points to consider as you contemplate this transition:Skill Utilization: Your experience as a tradesman equips you with a strong understanding of construction and maintenance, which are crucial aspects of real estate investing.

It treats each asset identically and assumes the workload associated with it will be the same as well.

I'd find out her identity and have her move out if she lied.

I really appreciate the kind words, very valuable coming from you with the great identity you have here on BP.

You can designate multiple properties as potential replacements and the properties don't even have to be identical - any real estate for investment purposes is considered "like kind".