I'm totally confused and have until tomorrow morning to come up with an additional 157,600 as I have 50k in the bank from my first deal. 

In addition, in the states that average a 2 yr redemption period how do you cost that period?

What I do in addition to telling them what to do is create a video of my computer screen and show them how to collect the information.  

Additionally, they owe you for any damages, cleaning fees, etc for move out. 

I wanted to build some quick cash to reinvest into buy and holds but needed to make some additional capital first so I thought a flip would be best to start How did you find this deal and how did you negotiate it?

My partner and I were able to close on a duplex for $33k with minimal repairs expected, but still anticipating $8k - $10k to be spent over the coming months.  

Most of the lenders I've talked to have additional restrictions on top of the Fannie Mae requirements.

I believe that the population is trending away from this area and towards the south (away from dayton) Additionally the property taxes in Kettering have been going up quite a bit, so be sure that you factor that into your calculations, as you would need to increase rents to keep up. 

The other contracts require deposits, pet deposits, and additional pet fees for each month in addition to rent. 

Since this will be my first investment, I want to minimize as much risk as possible.