You've already named all the main outlets for reaching travel nurses.

One of my tenants wanted to add an electrical outlet half way up a wall so he could mount his TV and not have the cords showing.

I understand you should have an emergency fund to cover for unexpected maintenance or not having tenants and all that but is there some kind of clause on a FHA that allows the home owner to temporarily stay in a secondary home during the reno phase or something of that sort?

Up to date electrical outlets in number, placement and type, or as is?

(She mostly likes the outlet malls down there. haha)

The IRS rarely exercises that right unless there is a tremendous amount of equity, and if whomever is in charge of that case is paying attention.Rights of redemptions in my opinion are not traps that cost money, like unexpected liens that survive the sale.

For the type of property I'm interested in, I currently have enough capital for 20% down plus some minor unexpected expenses.

Scraped popcorn ceilings, sprayed and painted the new knockdown texture, new electrical outlets everywhere, added Alumiconns to all electrical because of aluminum wiring, Found Offerup deals on fans/furniture, LED light fixtures everywhere, Patched drywall in every room in the house, sprayed new orange peel texture, painted every wall, new water valves in the house, new kitchen sink, new dishwasher, new real wood vanities in both baths, new granite countertops with new sinks and faucets, new ba What was the outcome?

Also, have an emergency fund for unexpected expenses that may arise during property ownership.

Also your caps-lock key is on.Wholesaling is all about knowing ARV, you have to know what this thing will be worth once fully built-out/renovated, because with that, you know what Mr Developer will sell it for.Your 0.7x the ARV is estimating what this developer will pay for the property (and tells me this will be a very simple fix & flip with no major construction, not much room there for Mr Developer to run into unexpected issues, or you are subtracting the construction costs later).