Sure don't do the renovation, I only do renovations that project a return of 2x the cost of the renovation.

This can be very expensive and is usually the worst choice because you can't justify the cost.2.

Stessa is not perfect but I like the capability, love the %5 interest rate on my associate account and have found the support honest and effective.  

In fact, I would want to go even lower because there's a very good chance some damage is hidden and costs will run higher than anticipated.If you aren't experienced, I recommend you just buy the good apple. 

It would cost me only $2300 per month which includes rent utilities furnishing and property management. she showed me one example only of a customer who profited greatly.

The family viewed the house, loved it, and requested that I install satellite TV and add it to the costs, which I did.

If loan balance is $300k and it's worth $400k and an equity partner puts $40k to bring it current then they have about 40% of equity in the property - now they would not take straight $40k as probably more costs involved.

A two month vacancy costs you a minimum of $6,400 plus repairs, paint and eviction costs and 26 months later, if no other problems, you have broken even10.

Renting out your current home could provide steady income, helping offset the new property's costs. 

Also, managing the property as a rental could offer tax benefits.When purchasing, keep in mind condo association fees and maintenance costs.