The costs you reference ($5,000) are part of your discount purchase price from the note seller.

What I do in addition to telling them what to do is create a video of my computer screen and show them how to collect the information.  

Additionally, they owe you for any damages, cleaning fees, etc for move out. 

I wanted to build some quick cash to reinvest into buy and holds but needed to make some additional capital first so I thought a flip would be best to start How did you find this deal and how did you negotiate it?

Bankers are humans too and it’s just as much our responsibility as it is theirs to make sure they take care of our needs.When in doubt, pay for additional inspections for added reassurance.  

Most of the lenders I've talked to have additional restrictions on top of the Fannie Mae requirements.

But as far as valuing the entire building to determine a purchase price, you should be getting a price based on NOI, so definitely at a discount for the empty tenant.Again, for your sake, you have to ask why it’s been vacant?

I believe that the population is trending away from this area and towards the south (away from dayton) Additionally the property taxes in Kettering have been going up quite a bit, so be sure that you factor that into your calculations, as you would need to increase rents to keep up. 

The other contracts require deposits, pet deposits, and additional pet fees for each month in addition to rent. 

Such a discounted price allows for a lot of problems and still make money.