Make sure your rehab is "renter" cost rehab. etc. 

I have them tell me how long a project will take to complete, and then I add buffer days or maybe up to 2 weeks, depending on how long / complex of a project it is and potentially accounting for weather if it is outside work.

The city already had a STR permit in place.Our permit will cost us about $500 per year.

First thing I notice is the big jump in ARV from the Total Project Costs.

In light of this, I have been exploring the possibility of pursuing creative finance options, specifically seller finance deals, as a potential means to achieve my goals.

I am estimating the note would cost 2.5k per month at most. 

-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

You'd learn and potentially earn a profit at exit.Another way is to wholesale the land.

Specifically, the cost to have it corrected is now a known material fact. 

Also, how much did the electric and plumbing fixes costs?