Not sure if you can find an angel investor or seed capital investment group that can help you there, I suppose it depends on the type of project you will be undertaking in Nevada. 

I am running numbers to the best of my current knowledge and it seems I may get around $750-$1,000 per month depending on the location and condition of the home (with $750-$850 being average).

On a refinance, depending on the equity you have in the home, the refi “could” be no cost...

A lot of that will depend on how much water entered the home.

There are 6 billion "it depends" scenarios and only a portion of them depend on financing. 

Different people see different supply and demand characteristics depending on if they are looking to buy a house in Dallas or Reno, thus making them different markets. 

The fact that you get a spread between what you offered and what you sold the contract for, can be considered a "fee" depending who is interpreting the law. good luck. 

Pricing and vacancy for 2 bedrooms are dramatically different depending where you are in Jacksonville. 

I have enough vinyl plank to do 5-7 units depending on units that I bought this fall on close out from menards (bought every piece they had it was delivered on a semi to my building). 

You might need money just to attend the REI meeting, just depends on which ones in the area you attend.