There's nothing wrong with your strategy other than the partnership component, but don't twist the numbers in your hypotheticals in order to gain traction. 

It also kills two birds with one stone: an investment property, and a roof over your head. 

I don't need hard money because I have a lot of cash.Purchase: $190kDownpayment: $40kClosing/Realtor: $10kLoan Amount: $150kRenovation: $15kARV: $250kRefinance: $5k Final Loan Amount: $190KCash Back: $40KCash Spent (Down & Renovation): $55KCost to buy (Closing/Realtor): $15K---------------------------------------------------------------------------------------Total Monies Spent: $30KLoan Amount: $190KMortgage: $1.8KRent: $2KThose are rough numbers going through my head.

At a minimum where is that local market headed, what is your personal strategy, are you in the growing phase or beyond etcOne really strong argument for selling is that you can upgrade big times.

They’ll let you know if everything looks up to code or if there are issues to fix.Then, head to the local building department and apply for the permits.

It is a common factor for these types to plant in people's head they are responsible for their success so when they come back after realizing the no value you can blame it on them.

Don't forget to change all your faucet aerators and shower heads to low flow it makes a huge difference as well as far as water usage and saving HOT water. 

Context matters: for some apartment buildings that compete head to head with a very similar property just down the street, this may be a good strategy.We rent premium single family homes and I have never offered an incentive.

If foreclosure is what you want to invest in get a head of the game and focus on a target area and know if that HOA is a pain to work with, you might just find someone who wants to sell quickly to get aways from the HOA.

I’m very glad things didn’t work out.Lastly, Zach’s partner, Daniel, who seemed to be a more level-headed individual didn’t help matters any.