They might have ideas for credit improvements, debt pay downs, etc to help you get there in 2 years time. 

That tells me the bigger issue might not be just the yard, but overall curb appeal or pricing.More Cost-Effective FixesInstead of a full sprinkler system, here are some budget-friendly ways to improve the yard without draining your wallet:•Fresh Mulch & Gravel: Super cheap, easy to DIY, and instantly makes the space look intentional, even if the grass isn’t perfect.

You’re talking about paying $1.6M, adding $100-200k in improvements to make it worth $1.9?

HELOC is a great idea and how I imagine putting in the improvements for the residential lots to sell.

True, most lenders will require seasoning - I have lenders that do not require any, and will allow clients to cash out based on the appraised value, rather than purchase price + improvements only. 

Consider a home equity loan or HELOC to tap into your condo’s value while improving your credit score to qualify for better mortgage rates.

Im also interested in buying properties, improving them, and refinancing to pull out equity for future investments.I know the market is tough right now, especially in places like Las Vegas where I live, but I want to figure out the smartest way to get started.

As for improvements, that is really tenant-dependent. 

Oakland has some ambitious plans to improve the city, and as rate improves, I firmly believe certain parts of Oakland will recover faster than others.

Today after making improvements to the properties it generates over $2,300 per month in cash flow.