I would increase their deposit by that amount to ensure you have enough to cover an empty tank and a month of lost rent.

My question is, if I want to remodel aspects of it to increases its valuation does it make sense to wait until I rent it out a year to someone or do it before hand ? 

.: @Travis Boyd you’ll lose more in interest rate increases, potential property taxes increases, realtor commission and other transaction costs than you’ll pay on any future cap gain taxes.

In a seller's market, home prices typically increase due to limited inventory, while in a buyer’s market, prices tend to be more negotiable.

I want to build a home on the property to increase value at some point.

The increased depreciation deductions can offset your taxable income, including gains from the sale of the previous property.

Purchase price: $430,000 Cash invested: $85,000I bought the property partially renovated on the interior, then proceeded to do updates to increase value.

That is a data/privacy issue that could cost them millions.

Privacy is of zero help in these situations. 

The best way to get started or increase that flow is to go to real estate investor meetups (@Leka Devatha has an amazing one in Seattle) and also answer questions in the local forums without ever asking or offering help in terms of your business.