Repairs I’m estimating (very roughly) at around 5-7k.IIf you can get a lender to finance the deal and repairs come in at $7k - without knowing more it sounds good on the surface.

So save up and get some skin in the game.Seller financing is hard to find but a blessing when you do.Best of luck.

I'm a newbie and chose to put skin in the game. 

Learn to develop a thick skin.

Even with the slowing housing market, going from nuclear hot down to surface of the sun hot, lots of experts are predicting a slowing of price increases - not a drop in prices. 

As a case study on this concept, I've been maxing out my action steps over the last couple of days and tracking the progressLive videos recorded videosmore insightful posts It's been 90 days of tweaking and analyzing, and I still am just scratching the surface!

Do they have solid surface countertops?

Did they plan to run a circuit to each room and then use surface mount conduit?

I spent $550 with Stanley Steamer to deep clean and deodorize the carpets and deep clean all of the tile surfaces (mostly the kitchen and back hall area that smelled horribly of dog urine). 

Borrower had ample skin in the deal w great rental income from property How did you find this deal and how did you negotiate it?