get a more accurate number on value2. how much in fix up?

Ignore everything in window 1 after 12 months- Repeat as neededHowever, if you have a fixed rate loan at a good interest rate, I suspect that the money you are using for those "extra payments" might well be better spent on another property.

My interests lie with Fix and Flips as well as buy and holds.My question for you all is if there is a way for me to really get started with little money to invest?

You have to value your time - if you have the time to fix them up, then the deal is solid...if you don't have time to swing a hammer, slop some paint on, or replace a toilet, then you're better off going retail.One frustrating thing is there are many folks these days that are buying some of these run down homes  then attempting to rent them out or seller finance them on the condition that you make the repairs. 

Perhaps $2K or less if the contractor doesn't have to rip open walls or get into any tight spaces.So, if this were my project in a comparable area, this is what I'd budget:- $4K to replace furnace/condenser- $4K to replace all plumbing- $2K to replace all ductwork- Whatever the cost is to fix/replace the damaged sheetrock needed to get to the plumbing/ducts.If the Scope of Work is less, the cost should be as well...

A) Contractor A bid $1,000 to fix 2 leaks, replacing 10 feet of plank wood 2 pieces, replace shingles, place plastic cement and fiber glass along the valley. 1 year warranty, $300 advance, $700 when complete.

You can not actively do 'fix up' work inside of the accounts (IF that is what a person wants to do)You want CURRENT income instead of waiting until retirement years.With all that said, I do hold quite a bit inside of retirement accounts (as do my partners).

I wouldn’t at all recommend that you go with someone that doesn’t have any experience, when someone hooks up a water meter incorrectly and or forgets to put stiffiners in they poly lines before putting on the copper fittings, you will be digging it up eventually to fix some leaks.

These type of properties, getting an all rented property for cheaper to fix-up later (basically the brrrr strategy) it pays for itself and cash flows are the only properties I am interested in...less work the better but the renovated properties still seem to be out of business model in terms of coming up with the down payment and re-payment strategy of being able to pay it off in 5-7yrs as we don't need the profits to live we just continually pay more principal from the rent. 

Banks can usually lock a rate for 60-90 days for fixed-rate loan products, but can create other issues for borrowers by requiring depository relationships and ongoing covenants for property performance.