If the property only needs light cosmetic updates, 3 months might be doable, but for more extensive renovations, it’s going to take longer. 

Given your extensive reviews and strong opinions about so many land investing courses, would you be willing to verify your identity as an independent investor?

But I recommend you study it much more extensively before diving in. 

We have extensive experience working with real estate investors and implementing strategies to lower your tax liability.

I think we will see an extension of the unified estate/gift tax credit set to expire 12/31/2025.

I do some construction myself and have an extensive team of framers/ electricians/ plumbers / HVAC ect. 

If all else fails, 😀 ReSure's got extensive resources on all these subjects in our educational platform (which actually includes some plagiarizing from Michael!

One challenge was managing extensive renovations on a modestly priced home, requiring disciplined budgeting and planning.

This is often easier in lower tier markets where the appraisals are not indicative of how the property would sell in an arms length transaction.The other risk you run is over extension.

With loan extension you might have to come up with extra payment to get DSCR in range lender will approve.That is why to go through this exercise NOW and if you know tenant wants 300k TI to extend and bank wants 300k to pay down estimated balance when new loan placed you need 600k to come up with.