Depending on property condition and whether the property is still habitable (renovations are primarily cosmetic), you shouldn't rule out a regular cash out refinance, which may be cheaper than a renovation loan or other non-conventional product. 

If you wanted a root canal, would you go to the dentist that has worked in the field full-time for ten years, or would you pick the cheaper dentist that does it as a side hustle?

But from what you're saying, they won't find a cheaper place because they are so far below market with that increase.

It is probably cheaper to spend the money for testing and know where it is, rather than assume the asbestos is there and spend boatloads on remediating something that doesn't need to be remediated.

Its hard enough to find the "right" house to live in, but when you add factors like: foundation repair, new roof, new hvac, complete cosmetic over haul, it makes it that much more difficult.Certainly can be done, and not only that, you can find a house in Collin county off market cheaper that what you would pay retail.Its important to make sure you have a resource for properties, an investor friendly lender Ie.

If you don't have significant other assets to protect, it's probably easier and cheaper to just get an umbrella insurance policy.

You will find much easier and cheaper financing options and can get into a home with as little as 3% down (and depending on your income, potentially no money down).

If a deal is good enough to fund with lots of credit card debt, there is probably a better and cheaper way to fund it.

I know nothing about Plano, but I can tell you that less desirable areas will have cheaper properties, higher vacancy, lower appreciation, lower quality tenants and better cash flow. 

When I have some time to check them, I realized that we can avoid some of them or there are cheaper ways than suggested by the PM… So, if they will not care of my budget and they are focus to make the 13% as much as money they can create, I would need to separate the jobs.