Can you guess our favorite book?

In terms of "best" measure of return my favorite is equity multiple as its very simple and straight forward. 

Ask your favorite local lender about their renovation products to make sure you understand all the options available to you but understand that not all lenders offer renovation programs and not all those who do are good at them.  

My favorite is large >1400sf townhomes with 2 car garages in Phoenix and Glendale.Thanks,

#FirstWorldLenderProblems, the good ole "I just went into escrow and I didn't realize that getting a mortgage requires my active participation and I'm going to ignore my realtor telling me to cancel our vacation plans," our favorite. 

So far my POL investment (Tinley Park Sports Complex) has been performing as expected, but soon after doing that one (and a fix-and-flip on PeerStreet), it became clear that I would need a *lot* of capital to effecitvely diversify away the risk of any non-performing loans (it's not apples-to-apples, but this analysis from LendingRobot on diversification needed for P2P notes is helpful.)

Welcom to Bigger Pockets and to the sport of real estate investing.  

George and Zion NP is one of our favorite spots.

San Antonio is one of favorite vacation places.  

@Charles R MullWelcome here to B/P my favorite forum for real estate.