All the large company started with focused areas and started to expand larger after.

I personally do have experience with renovations, and being a landlord and have done a few flips some went well and some did not and I have learned some valuable lessons along the way.

However, as I mentioned in my original post, my immediate goal is to move out of our current townhouse into a larger single-family home that better suits my family’s needs (we have a baby and a big dog).

It's impressive that you secured a deal like this with no renovations and turned it around the same day.

I am starting a total renovation.

Nothing is better than MLS access for before-renovation comps and ARV.

But I like to have single pours are larger surfaces like the floor, so we will have a truck deliver.In Iowa.

A real renovation can demand good rent in the right area

This is an option to consider and many larger banks/credit unions and nationwide mortgage lenders have released new loan programs allowing 2nds, HELOANS and HELOCS.

I have found some information that might be helpful John.There are government backed programs like Fannie Mae Homestyle Renovation Loan and Freddie Mac Home Possible Renovation Loan, in addition to the FHA 203k loan.