We reach out to them when cost authorization is required, monthly with their statement, and are available to talk if they wish.We tend to drop client-owners who want to micromanage us.

i hate to say this, but i tend to agree with william p., there is nothing wrong with beautifying war-zone areas but just know that you have to be aware of the element that you will be surrounded by, keep the candle burning bright because you may have to spend a couple nights in the property to keep it from being rampaged, i haven't step into this arena, i prefer to go where the houses are selling, in neighborhoods that i know i wouldn't be afraid to live, but to each his own, if you can get a line of credit opened and then from there look into getting a mentor or someone who has done this before if you want to build your portfolio, it wont be easy but nothing is life worth anything is, do you duty and due diliegence and you should be alright, let me know if i can help keep posting but most of all keep sharing

Perhaps instead consider using private money, doing the reno as quickly as possible, and then using a DSCR or conventional refi to pay off the private money.I tend to agree with @Drew Sygit and @Nathan Gesner that tapping the equity of your primary, especially with something variable and unpredictable like a HELOC, is not a good idea, but with one exception.

This is nuts!

Vernon will enact any in the future, but generally speaking properties outside of city limits tend to have less pressure to enact restrictions.It's always important to have multiple pivot options if your initial strategy dosen't work out.

That tends to work well.

LOLWell...if I was a local  turnkey soup-to-nuts provider here in Pgh I would definitely hold on to the sweetest deals I found for my own portfolio and only market my secondary options.

I'm based out of NH, which means most of my nearby markets tend to be quite expensive.

It covered every strategy known to investors from nuts to soup at least the theory. 

For some reason, which I have yet to figure out, is a lot of owners tend to skip over this step  Having clean interior cabinets and pantries is another must have.