There are also signs of a cover up at the base of the foundation because there are new concrete blocks there to hide the foundation and a temporary drain placed nearby to prevent water from reaching the foundation.

So the thing you need to worry about is, if the property is making enough to compensate you for the risk taken, that is it covers the debt payment and some return on your capital. 

Now the house sits for three months and now Im covering the mortgage (at 143,000 for a VA mortgage your propably sitting $800 with taxes) which equates to $2400 leaving me with zero profit.

let me explain:1. find a multi-family property2. negociate with owner for an rent-to-own deal (pay enough to cover mortgage & taxes)3.

@Joseph M. pretty much covered it.

The maintenance cost estimate does not even cover cleaning up after vacating.

To cover yourself, its probably always best to send a letter to the current occupant letting them know of your intentions. 

Just trying to cover my bases and see if there is anything I havent thought of.

I have been thinking about covering the hardwood with LVT since it would be the same floor all over the house instead of having lvt next to hardwoods and LVT is easier to clean/maintain.

Which companies cover that area.