A potential(ly great) opportunity just presented itself to me through a friend.

Welome to BP @David Doheny,I would say other than those things you have listed, start talking to potential clients.

Market rental rate for my house is about 2400 a month.After paying off the mortgage with the positive cash flow I have the potential for some serious cash flow.

I knew I would have to start building a list of potential buyers in my area so I have been posting to Craigslist and have since started to acquire a list of buyers who want/need seller financing (20+ people).The issue is, I have since decided to not buy the course (because I think it's another Guru scam) and now I have a growing list of people wanting/needing seller financing in the Morgantown West Virginia area.

Any other items that would add attraction to the deal.I am already doing well in the real estate development world, but I feel that there is potential in this other option.  

I'm interested in potential partnership but I am located in NY do you just deal in Canadian R.E

I ran into a potential purchase my good friend is selling me at 260k and valued at 360k.  

Or potential contractors?

A rough 1% rule would suggest a valuation from 300k (which is near his asking price right now) to around 1mil.It may still be a viable project, especially if there is potential for the area, but I would seriously question how you got to your renovation budget, and more importantly, if the sources that you relied upon that got you to that figure are reliable and capable of taking on this sort of project.

There is a potential great deal I am looking at right now to convert a mixed-purpose building into a 4 unit building.