Should I move forward with closing or hold off?

My buddy is running the numbers on his first deal below-- Purchase price: $180k- Estimated rehab cost: $90k-Holding costs + Closing Costs: $66kWhat do you experienced fix n flippers think?

Take back control of your property and eliminate issues that the tenant is holding you hostage over.You got this. 

I have a decent deal under contract that doesn't meet my criteria for a landlord hold.

So keep that in mind if your exit strategy is buy and hold. 

If you want to hold it, then a long term rental is the way to go.

It's a 2300sf two story on 0.3acre corner lot, with medical offices/retirement home across the street.Should I rehab to SFH & sell or to a triplex & hold?

I’m always looking for the big 3, buy and hold as a rental, buy and sell, or buy and hold as a bnb.

Reduce more or sell, Why hold a prop for breakeven or 100- 200 a month ? 

For exterior maintenance, we do plan to go there fairly regularly to address lawn care, small improvement projects etc.Very helpful on consumablesFor the reno, you are likely correct as this is where I tend to underestimate.