To summarize with your numbers, you'll need $15K (down payment), $15K (repairs), $5ishK (bridge loan costs), $2ishK (refinance costs, if you don't roll them in to the loan), $2ishK (holding costs before revenue generating), and to be on the safe side I would throw in another $5-10K for the unknowns.  

When it comes to your "all you have to do", all I can say is that that is quite a bit of print as well and for the most part summarizes pretty much what we do, except we do it with less risk to the member than you propose.  

It allows complete autonomy of everything.So to summarize it all up, just decide a few things; do you have the time or the money?

You may notice I added Zillow as an option in the services I summarized.

To summarize, I am fully equipped, licensed, and knowledgeable to handle all aspects of the actual repair, however my ignorance lies within the funding (hard money) and the business aspects of home flipping. 

My super smart attorney has summarized this for me several times: "Most lay people confuse civil liability with criminal liability.

Don’t do a mortgage note transfer with less than 20% down if you are offering true financing  You pretty much summarized everything we've been talking about doing.

If you were planning to do this in California here is who I would call-Equity/ Diversified/ Golden Gate/ Accolend/ Civic/ LimaIn an email you summarize exactly what you want and in 24 hours they say we do or don't have a product match. 

In addition to helping BP Nation...summarizing what's happening in my real estate business also helps me.

Here's my experience summarized about the Midwest. https://www.biggerpockets.com/forums/48/topics/1165499-whats...The "cash flow on paper" for Class C Midwest (which is almost non-existent with 7% interest rates) will cost so much in repairs, capital expenses, tenant issues and it won't appreciate enough to make up for the losses.