This project was an opportunity to move into bigger fix and flip deals that required more than your standard renovation and resale strategy for a single family dwelling.

He shouldn't be asking you how to install flooring, he should read the instructions and use industry standard practices.

For this property to cash flow I need to get about $100 more per unit per month, which would bring them current with the market standard of the area.

Very simple cal: Your taxable income would be: 20000 - let's say wage35000- Cap gain (12700) - Standard Deduction (8100) - exemptions34200 = Taxable incomeIf you put that in the Qualified Dividends and Captial gain worksheet, your tax is still 0.

Self-help can get you in hot water. 

Can we do this deal with FHA or standard financing?

Home has new roof, floors, water heater, painted overall well kept and owned by a handyman who wants to relocate to be with family.Asking :97,500$ Open to any financing options, located in good neighborhood, in Montana and local homes in the neighborhood is going for 140-160kHow should i go aboyt this i feel its strong but i really would love your opinions,thanks

Zoning, code violations, outstanding water/sewer bills, liens, etc.  

Water damage to a property can be very costly.

Operate a safe business with high standards, have sufficient insurance and you will do fine.