I drove an older but decnt truck, ate well but cheaply etc.....Not sure what the labor market is in your area, but around here, small town WI but touristy and industrial, employers are BEGGING for more workers at $10-15 hour plus.

.$2500 seems high...not sure on sizeFlooring seems high - not sure on size...regional flooring companies in my market are very affordable and reliablePlumbing and electrical - I don't have plans to re-plumb or re-wire units every 20-30 years but do include estimated cap ex for fixtures.Off topic but consider LVT rather than laminate wood...it's very durable and can get wet.  

Also, you stand a better chance of learning the "correct" (legal, ethical, respected) way to conduct your transactions as opposed to questionable guru tactics many (but not all) wholesalers seem to employ.

For the size of you project, I'd make sure you get a 9-12 month hard money loan. 6 months won't be long enough.

By looking at comps on the market that are similarly in size, upgrades or not, basement/ no basement, garage, backyard size, etc it can help you price out the property you're scoping out to re-sell or rent.

In addition to the price ask how many bedrooms, bathrooms, basement, attic, pool, deck, size, rent (if it is multifamily), location (how close to beach, transportation, job), updated or outdated appliances or cabinets etc the house has. 

That sort of implies a one size fits all loans approach to disposition and nothing could be further from the truth.  

I graduated from East Tennessee State University with a degree in business management and am currently employed and working as the third generation of a family business that my grandfather started in the 1960s.

However, I have not had stable employment for the past two years, but have worked/held internships every summer and winter since starting college (September 2012).

I have done some decent size deals, and the bigger the deal, generally the longer it takes to get done.