I've had vendors who where great craftsmen with installing doors and such, but I would never pay them to paint a house in my lifetime.

I would give your plan a zero percent chance of working.

In a previous life time I spent a lot of time doing a great deal of business as a result of forums both learning and educating others.

You can be a "house hacker" and get financing that will include the renovation budget with about 3 1/2 percent.  

All but one of the seven houses I have bought and rehabbed so far are above 1.1 percent gross monthly ROI, which is the sweet spot IMO since interest rates are so low. 

. * On the sixth (6th) day of the month we charge a late fee of fifty dollars ($50.00). * If we do not receive your rent in full in a timely manner, we will serve you with a 3-day legal notice, “Notice to Pay Rent or Quit”.

In my opinion the the people who are paying 80 percent or more are people going for the low hanging fruit.I also suggest that you listen to all of the BP podcasts for ideas.

Shawn Torsitano HUD will price the home based on appraisal and rarely will counter or lower price within first two weeks but if they do its generally 1-2k or 10 percent.

Well as far as I know there have been 2 major market corrections/downturns in my lifetime, only one of which happened while I was an adult.

. #1 in heavy cargo and received Cruise Ships with more than 1,000,000 passengers UNIVERSITY OF SOUTH FLORIDA (USF). 3 miles awayStudents: 48,000 Annual Budget: $1,500,000,000UtilitiesAll utilities are available to the site including; City sewer, water, garbage, electricity, telephone, cable, police and fire services.Ingress/EgressVehicle access is available from east bound Busch Blvd, south bound Nebraska Avenue and potentially from Wilma Street.Topographical Features/InfluencesThe subject site is flat and at street grade.FrontageThe property has approximately 350’ frontage on Busch Blvd and 264’ frontage onNebraska Avenue.Flood Zone DeterminationZone X – FIRM Map Number 12057C0212H, Effective Date: August 28, 2008 “The areas of minimal flood hazard, which are outside the SFHA and higher than the elevation of the 0.2-percent-annual-chance flood”HILLSBOROUGH COUNTY MARKET AREAGENERAL AREA DESCRIPTION:The subject property is located in the Sulphur Springs/USF neighborhood of the City of Tampa in Hillsborough County in close proximity to Busch Gardens theme park.Hillsborough County which, along with Pinellas, Pasco, Polk, Manatee, Sarasota and Hernando Counties, comprises the greater Tampa Bay Area.