This is also a situation where a contractor is not a contractor - meaning your average remodeler may not be equipped to handle a situation like this.  

You want to do FHA so you have a bit of money left over for paint and refinishing the kitchens and baths.

The kitchen door seems to be damaged badly by termites.

This will help the appraiser identify areas that have been upgraded, remodeled or repaired.

I am also open to other ideas, not stuck on owner financing as I am able to qualify for conventional, FHA, etc…The house is in decent condition but has some deferred mx and needs updating (kitchen, bathrooms, flooring, 400sq ft deck, etc…). 3 bed, 1 bathARV: $600,000Needed Repairs: Approx - $70,000Acquisition Cost: Approx - $450,000Amount owed on mortgage: $75,000

It's a 2bd/1bath, little rough condition, looks more abandoned and trashy rather than remodeling.

If the own them and remodeled them (like a true turnkey provider) they should be aware of anything like that.

I'm trying to build out my team, using contractors I've worked with on my own remodel of that house we paid off and looking for contacts to speak to/work with in the Phoenix area.

I'm sure the snarks on here will say the best tenant proofing is good screening before you rent  :) I personally like tile floors...I have given up on wood...laminate and carpet...provide extra air filters for the AC unit (unless you use replacing them as a reason to go by and check out the place every few months) fire extinguisher in the kitchen...make sure smoke detectors are installed and working properly ...if it is a single family be sure the tenants know where and how to shut the water off ...

I can do the fixtures, kitchen and bathroom vinyl for about 350 bucks if I time the menards sale right.As far as 1 bedrooms go I would disagree they are completely transient, we have multiple 5 plus year tenants..They do attract a limited pool though.The asking price is not what it will sell for.