No other security measures.

I'm very, very, VERY new to this so I'm sure there is a method I haven't thought of yet. 

Nice work securing an off-market deal and turning it into a rental that’s a smart way to build towards big goals like college funding.

I want anyone who does flipping to share how they get to this estimate, I already have methods on how to get there, but was wondering if anyone else had something to share!

Use the enemy method to see what other properties in the market are doing. 

-- Has just become eligible for full social security benefits and is applying for them.

Besides reducing rent, what’s the single best thing I can do to increase interest and secure a tenant quickly?

Warranties may feel like a nice security blanket for the first time owner occupier, but they will cause you headache and cash as an investor. it's better to just hold adequate reserves and have trusted trades-people on hand to deal with rental maintenance.

.✅ Entry under $20K✅ No tenants, no toilets✅ Strong passive income potential (leases, modular resale, short-term builds)✅ Flexible exit strategies✅ Easier to secure site control (master lease, seller financing, etc.)One of our current projects is a historic mill rehab being converted into 36 units of independent living, stabilized NOI projected around $500K with a cap rate of 5.75%.

Sellers value these types of offers because they are more secure and less likely to fall apart.