That was the first time I had the opportunity to lead an entire project from bare-bones beginning to the very end. 

(I would also pay for the monthly rent via my savings/day job – in speaking with the owner, he said it would be a minimal amount because the property needs work).I don't know exact numbers on what the rehab will be, but I've been doing some research on the costs and am working from an average at the moment, as I look up what basic rehabs for kitchens, bathrooms, electrical, plumbing, new roof, etc. could be.

There isn't nearly enough information on the calculator to give me a real indication of what is actually included in your numbers...but if you're planning for $35k profit...can you also afford to lose $15k...without experience it's possible to have your holding costs be much higher...and your renovation costs be 50% over if its your first project and you don't have actual contractor bids and are just guessing based on having read J Scott's book.

Please contact me with anyone you think would be a good fit for this type of project. 

Your risk tolerance must be through the roof.

@Erik Sherburne Thats a tough question to answer, it might be best to reach out to a specialist in the area that you invest in as they can provide historical data and possibly help to guide you toward formulating your projection on where the market will end up.

If your properties are older you would need to consider the right amount based on the age of roof, furnace, AC, windows, appliances, etc.  

I know several larger orgs that I invest with who will only work with Accredited investors via 506(c) but I've also invested on a few smaller projects that accepted Sophisticated investors, or non-accredited, via 506(b). 

I work on my own vehicle and am always tinkering with some sort of building project.

Take that money and you can:Flip - only if you know what you're doing, such as you're a contractor/handyman, or an architect or good at project management.