Repairs vs. capital expenditures.- Find out how long the provider has been doing cost segregation studies and how many they have performed- Consider the resources available to the provider.

For a BRRR cash-out refi, lenders typically go by the ARV (After Repair Value), not just purchase + repair costs.

Yes, I would contact the pest control company and demand they pay the cost of repairing this.

The click on / locking type seems like what most investors use, but repairs seem difficult without having to re-do a large area. 

My best advice for a new wholesaler is to learn your repair costs.

@Grace Hartman Most of the time sellers offer credits instead of fixing repairs.

How much will be due in repairs over the next five years? 

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

Repairs after tenants move out also are significantly higher. 

These properties cover my mortgage, allow me to save for maintenance/repairs, and are projected to be worth $7–9 million by retirement.