As part of that, I'm trying to figure out the best way to go about a home inspection so that there aren't some major surprise costs that will make the deal bad.I have 2 major questions:1. what are the necessary components of an inspection for a rental home (I want to do the stuff that will avoid big expenses down the road and will avoid law violations but nothing extra or unnecessary).

What would you do with an extra 12% of your income in NV?

We are putting in tons of extra hours contacting tenants via phone, text and email. 

Also, I like that it is a good deal with the utilities being paid by you so if you are able to get that to the tenants that would be an added extra. 

Since family is involved in renting from you, it puts an extra microscope on this for the IRS.

At this point, I'm not concerned if I am able to extra my entire investment when I refinance.  

We are being extra conservative or rehabs and ARV's and trying to avoid purchasing occupied houses.

The newbie flipper investor who might make it or lose it all due to inexperience HML usually wants 12 to 14% and extra points.

I should have looked closer at the foundation, had to spend some extra dollars on that.

I believe if I get an interest only mortgage, I can put money into extra property’s which results in more money per month.