.- Repairs for flip estimated at $37-$44k (foundation, cosmetic, flooring, windows, doors, bathrooms/kitchen, etc.).

I'd spend the money on the kitchen and bathrooms.

And then there's strucural, plumbing, elevtric, kitchen, baths...What - $65,000 all in?

The repairs would be 20k higher to flip. ( new windows kitchen rehab etc) Rents just are not that high in this area Spokane Wa Its a very large house 3000 sq ft.

I usually structure my contracts for clients like this:- 10% deposit (or $1000 whichever lower) - due at date of acceptance - 10% at first day of work for demolition and framing materials- X% due at completion of 2 bathrooms rough- Y% due at completion of kitchen rough frame, electrical, & plumbing- Z% due at completion of flooring, - ..... so on and so forth.- balance due at completion of punch list.

If you are in a decent location:- wood or vinyl plank floors- granite countertops- 2 tone paint- washer/dryer hookupsI get the granite done for about 650-900 dollars for kitchen and bath. 

I think the repairs need will be below $10K unless I put in new kitchen cabinets.

If you can't stand the heat of political discussions, stay out of the kitchen :-).

And when people ape those production methods in their kitchens and basements bad things are much more likely to happen.

I've personally found it easier to just gut the bathrooms and kitchens to the studs in these cases.