Some parcels are actually worth as much or more after the credits are clipped as before. 

Will the sale price be worth the cost of the repairs?

I can tell you from my experience it is worth it all though.  

It may be worth waiting the 6 months to refi into better terms.

Definitely worth looking into in my opinion. 

Where an investor bought a ranch out at Big Sur CA. it was like 1000 acres above the ocean worth Millions..

They focused on renovations that appeal universally.. think updated kitchens and bathrooms - and kept meticulous records of their expenses.

Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

Memphis is definitely worth a closer look.

This gonna allow me to increase my budget for finding something that it's worth it.