A HELOC will definitely help you with the costs.The next thing you will need is a general budget for each project you are going to tackle and that should keep you on track.The kitchen can be the most difficult especially when you are living in it.

I also initially try to tackle the big projects kitchen, bathrooms, ceiling scraping before i move in.

But to do a major flip, not sure I would want to tackle that remotely.

However, be careful with search engines which may see your strategy as keyword spam or spammy links.

There aren't nearly as many decisions when it comes to re-roofing so (costs aside) it always seems more simple to tackle. 

While most might be to much for you to tackle, there might be some you are able to pick up and do yourself (should you desire).

I find it silly that someone comes to an open forum, free to the world, posts something great, then thinks it is annoying that he gets 10 minutes of messages that are spam. 

Trying to figure out the best way to tackle this and I know you all would be able to help.  

If not, ask him to stop, or just forward his emails to spam.  

The bank required us to put $17,500 into a bank account from which we could draw for repairs and we put down $2,500 for the owner carried loan.We learned a lot from our first flip and did most of the work ourselves except for carpet and paint.This really helped us to understand on what parts we will tackle on the next flip and what not.Without BiggerPockets I am sure I would have missed a lot in my calculations but everything came in exactly as my predictions were except for the increased market value of the home.We don't have many great before photos, but here are a few.