However Will u have sufficient equity after 6 months of seasoning to get traditional financing?

After you can demonstrate a track record of successful flips, you should be able to get a loan that will fund up to 80% or even 90% of the purchase price, and sufficient funding for the rehab, up to a maximum of 70% of the real ARV. 

I am not a guru to say It happened in my sleep, in fact many sleepless nights working to pull things back together.

Seems to me being straight-shooting and finding win win situations might be harder but I promised myself to always keep a good nights sleep . 

All homes must have: bathing space, sleeping space, cooking space.

I was however able to find out that he was willing to part with it for 70-75k without losing too much sleep over it.

Is a 30 gallon hwh sufficient for a 1/1 im south Florida where the winter temperature is in the 70s?

@Antonio Pettus Learn to sleep faster...

Yes, you can probably reduce cost of sales and perhaps other numbers but you cannot significantly reduce rehab costs and there will always be surprises which will burn you if you do not have sufficient funds set aside.

It needs to be sufficient to heat the space if you want it for something other then decoration.