Open a business credit card and do your renovations on that (for things that you cannot get financed with a hard money loan).

I can make larger adjustments in rent when a turnover occurs.

I thought that since I did a local renovation that I'd be ready to do a BRRRR or flip in Indianapolis... nope.

There are companies who buy homes, renovate them, place a resident in, sell the property then manage the property as well on the back end.

Let's see: You sell one property, and to avoid paying cap gains tax, you then reinvest those profits within 45 days into a larger "like kind" property.

Along with State and federal forests that are larger than most new England states with no housing in them.

I just read an article recently that noted "Avg Profits For Flipped Homes" of $80,000, however when you dig into the article and their sources, "Profit" is simply Sale Price - Purchase Price...so it doesn't consider renovation costs, holding costs, financing costs, etc.

So renovate this year, cash out refinance end of next year is totally possible!

Then it will be legal to have a larger number of animals.

@Jeff SkinnerRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?