Extracting money via a refinance from either appreciation or value adds do not get taxed until the property is sold.  

I am not empty-handed,  but the few grand I have in the bank account seems to have only attracted the people most interested in extracting it.  

I may be able to extract value out of the reno home but with a old home I would expect some issues during the renovations.I am very curious to hear everyone's thoughts as this would be my first investment property.Thank you,  

And most of the good cashflowing ones I found were in derelict housing, which I didn't want to take on.Back when I was looking, I spent like a solid year reading every single article on BP, searching the market, and creating a somewhat sophisticated Excel analysis spreadsheet (I got it to the point where all you had to do was enter in the MLS number and it would extract all the data, analyze it, and spit out all the details.It's analyzing everything from appreciation rates, cumulative appreciation gain, IRR, NPV, etc.Here's a screenshot from the summary numbers of some of the properties I was looking at over a year ago.

If there's a mortgage, the holder will usually file for a Protective Order(PO), basically extracting the property from the BK. 

The best way to find those values is either to ask a local knowledgable realtor, or to extract them by doing a comparative analysis on like properties with one that doesn't have that particular feature, and the same way that you wold do a CMA.  

You can always get a loan against it to extract the capital later or use it as collateral against a bigger purchase.

(Extract lists, cold calling, etc.) 

Our leading role in the extraction and refining of petroleum products propelled our economy to the number 1 position in the world.

We are supplying our investors with the documents written below:· Expert valuation report · Photos of the property· Title deed information· Construction permit· Certificate of occupancy· Zoning status document· Cadastral extract· Official site plan and architectural design projects (if there is one)· Leasing agreement and additional conditions agreements (if there is already a tenant and it is a money earning project)We are looking for a continuous business with a reliable partner that will invest or supply us with investors and we will supply them with good deals of commercial real estate (office, retail and logistics - industrial markets).What we can offer you is a good real estate network in Istanbul, Izmir cities and their interlands.