I am excited to learn as much as I can about real estate and would love to meet all of the current members on BP.I am from Indianapolis, IN where I work for my family's remodeling company.

Have you thought about starting out with buy and hold that is still livable that you can rent out and slowly remodel and sell a little while down the road - (a year making it a long term investment and when sold you will most likely pay less in income taxes), while you can oversee all the projects.

If you have two houses that are identical and one is 30 years old that needs work and the other is 40 yrs. old house that was just remodeled then the 40 yr. old has less depreciation.

Cosmetic remodel w/o finishing basement2.

In other words they will give 65% of the 85% of purchase (and value all the equity I built by remodel/repairs, etc. also at ZERO).

How do you compare your home to homes that are remodeled?

I am remodeling one apartment in a 4-plex.

I see a lot of remodelers so desperate for work they underbid a job or they spend the draws meant for the subs to feed their family because they don't have anything else going.

We remodeled the first apartment, and used that as a model (along with drawings) to rent the other floors on spec.

We can provide construction, handyman repairs, remodels, and consultation from rental owners point of view.