Even if it's just adding insulation or doing the painting at the end, you should determine how much involvement you are able or willing to take on ahead of time based on your budget.

I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified. 

Couple hundred bucks a door (after PITI and budget expenses) , double digit ROI, and yes, the prices appreciate and you build equity.

Success requires thorough screening, clear boundaries, budgeting, networking, and staying informed about local rental laws, and market trends.Good luck!

The loans generally help fund the purchase along with the borrower's down payment and draws are approved based on the approved rehab budget. 

Quote from @Renee Jones: I am doing a job in Shaker Heights OH for which I currently have 150% of budget in escrow with the town housing dpt.I can only get the funds released once violations are rectified.

The rehab came in just under $20k but I originally budgeted $15k.

These options vary state by state.For fix and flip loans, lenders generally want the combination of the purchase price and the rehab budget to be over $100K while also factoring in a 10-20% down payment from the buyer. 

More specifically areas, price points, how heavy of a reno, what's your budget, how fast do you need to get in and out?

I will probably only be budgeting to use up to $600k to be safe, which I know will be tight depending on what location is selected.