Viewing the renovations as value creation is a great way to look at it, but don't cut too far into those investment funds.

I am viewing a 15 unit Apartment complex tomorrow here in Memphis.

I learned that there is a fundamental disconnect between how the two groups viewed buildings. 

How should i go about allowing buyers to view the property without the homeowner finding out im making $10k off him?

But a title company expert advised me that quit claim deeds are viewed suspiciously anymore in the chain of title and that there are better avenues for getting the deed.

From an investment point of view, it may make sense to wait.If you're buying a home, does it matter what the FMV for it is for the next 10 years?  

Victor, I like your point of view and think changing my perspective is a great idea.

@Tony Silvas I think part of the problem is that you are looking at this purely from a financial point of view and not the emotional part.

Rudy - as both of you suggested that going very far (like Aberdeen) is bit to much as I won`t be able to manage it on my own and I`ll getting C & D class tenants, This idea came to me by seeing that @Brandon Turner lives in a town near to Seattle and never complained anything about tenants even though he has most of this properties in the same area (may be I assumed ) but if I am trying to find deals near to Seattle, its difficult to find and also lot of competition.what could be a better strategy to enter into this game..How can I invite other BP members to share their view ? 

An I believe your lender is referring to the fact that owner-occupied properties are viewed as lower risk for Banks' Underwriters thus the terms are more favorable.