I've attached a sample of work from an existing image from Zillow, and an AI rendering as an example.

In either case, you should verify that you are eligible to transfer the funds from your existing retirement account (e.g. if the funds are in your current employer 401k, you will likely not be able to transfer until you quit your job).Considerations in Setting up a Solo 401k to invest in real estate:1.

Yes, crime exists in the area but I won't tolerate it on property.Managing in the "C" area in the Phoenix, AZ market does take more hands-on and some additional time.

Existing-home sales have jumped a whopping 9.5% to a seasonally adjusted annual rate of 4.38 million units.

Dayton/Centerville could be a good starting point given your familiarity and existing connections there.Here are a few steps to consider:Explore Cash Purchases or Lower Financing Options: Given that you're considering not using financing, you could look for properties that fit within your budget for a cash purchase.

There are some additional things that could help determine which loan product is best for your situation.203k Best When:- Credit scores 680-720 or less- Renovation will improve the value of the home more than 75%- Renovations will be on or in the home - no new yard projects, only fixing existing- Higher Debt To Income (can get approval with up to 56.9% dti)HomeStyle Best When:- Purchase + Renovation costs will come in higher than FHA Limits- Home improvements will only improve vale 75% or less - 720+ credit or 20% down (of purchase price + reno cost) to avoid PMI- Exterior Projects (fence, hardscaping, pool, outdoor kitchen)- Lower Debt To Income (sometimes as high as 50%, many times between 45-50%)- Renovations that are greater than $35,000 (soon this will move up to $75,000)Happy to answer any other questions that you may have!

Is it necessary to create one or is the existing information in my credit report, full view, and tax return enough?

No matter how much home equity you have, you must pay off an existing home equity loan before you can obtain another.

Everybody I have called said no except for one company that only does portfolios with established customers talk to the existing insurance company and pay that premium then add those fee's to your note at payoff. 

Their coach told them to specifically seek out these deals believing they can only be acquired with these seller finance terms and wasn't even aware construction financing existed that could easily take down this particular deal.