Instead of buy fix flip you can buy fix rent and then evaluate to see if it's time to sell. 

Progress leads to change.

I think it's a great area, the 75 corridor is in "the path of progress" as they say. 

Based on my understanding that they would not consider the potential rental income is that they would only use our current income to evaluate whether we qualify but also considering we already have an existing mortgage with them for our primary residence.

We actually have field trip a few times per year at various properties and evaluate costs together.

To answer your questions to evaluate a deal, this is what I use ...Vacancy - 8% (this is about how much the bank will use in their numbers)Repairs and Maintenance - 6-8%Capex - 10%The other items I would agree with Brandon, they are going to be marginal increase which the increased rent should take care of it.I find that turnover is going to be your most expensive time as a landlord. 

It likely won't be enough information to invest with, but you'll have a much more solid base to evaluate your options.

To my understanding (having had some conversations with underwriters from several different companies)  there is nothing different between the coverage offered by Proper, Foremost, CBIZ, Allstate, Progressive, Travelers, American National, Liberty Mutual, Pure, or any of the other insurance carriers.... in fact the underwriters, E-suite, and actuaries from all of the companies hop between one another every few years.

There were multiple days, and even weeks, where no work was performed at all, no progress made.

When you evaluate, are you thinking more of wanting a discount of a certain percentage or a flat rate amount?