The fix-up/lease-up process raises the NOI and ultimately forces a higher property value, leading to a cash-out refi within the 5-year term. 

Purchase price: $133,000 Sale price: $315,000This was a combination of strategies, but ultimately a successful flip.

Unfortunately there are a ton of asset protection services relying on scare tactic messaging through  social media and the internet which ultimately infiltrates real estate forums such as this leading to confusion and anxiety amongst new investors  and finally the upsell of services that are unnecessary.

Ultimately YOU need to be the one in control so YOU need to understand what's going on more and you need your agent to assist you with that.

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

What’s the one renovation you’ve found to bring the highest ROI in your fix-and-flip projects?

Start with BiggerPockets Ultimate Beginners Guide (free).

Start by reading the Ultimate Real Estate Investing Guide: https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide/introduction2.

Heck I had a lot of posts removed because they were on the line of promotion.  

Ultimately, the most variable expenses are discretionary ones, such as repairs and maintenance.