Do a cash-out refi (usually up to 75% - 80%) and used those tax-free proceeds over and above the seller carry back note amount to enhance reserves and go buy more income property.

I took on the sheetrocking, adding texture and painting of the bathroom.

ENHANCE ACCURACY OF TAX INFORMATION ( the bullet point you probably wanted to read)  "The proposal would also treat ALL information returns subject to backup withholding similarly. 

Another key thing to look at is the texture.

Hi All,We are looking to do our first enhance and resale, and are contemplating entering into a partnership with our contractor. 

By buying strategically, my "work trips" are now dual purpose and instead of disrupting my life, they enhance it.On a more "nuts and bolts" perspective, I prefer secondary and tertiary markets...I gravitate to mom and pop suburban or even rural properties because they best meet my own investment objectives (value add) as well as play to some of my personal preferences.

the metal is textured (chevrons) but i would like to make it much more anti slip. 

The guys doing the drywall repair couldn't match the existing texture and now the house has a bunch of areas where you can see that the drywall was patched. 

I was approved for a loan for 350k and have around 18k for a downpayment, however, as I have been finding in the past year while I enhance my "deal analyzing" muscles, it's hard to find anything more than a 2 bedroom for under 400k - and I've really gotten in there - if by chance you do, it'll need thousands and thousands in repairs and we do not have the cash flow for that on top of the mortgage. 

Most suggest blown in insulation in attic and walls, remove old from attic, cut holes in drywall/patch/texture/paint.