We have little knowledge about the area and hope to get some advise from your local pros/investors regarding the cap rate, vacancy rate and NOI for such property in a C to C+ neighborhood. 

If you are a new investor the interest rates will be in 13s and its only interest only payment, but once you start gaining experience then the hard money lender will give you better terms assuming your previous projects were good projects.

What is market rate rent for this property?

Also, most who will buy a home in the price point as a flip will likely utilize a construction loan to improve upon the rate of return.

Keep going at the rate you are and you’ll be very successful!

Specifically, knowing what size of property you can afford, then narrow down on Airbnb/VRBO to the similar properties and see what the properties with the highest nightly rate or the highest review/ratings look like and what amenities they offer.

On the properties you are looking at based on current mortgage rates etc you can profit $10k per property or more if you are self managing.

That being said I’ve been trying to get seller credits for a 2-1 buydown on my rate.

With rates being north of 7% it's going to be pretty tricky to find anything that will cash flow.

These things happen but not from normal wear and tear at the rate we were receiving maintenance requests (2-3 a month).