Great thread, @Joe Splitrock, @Scott Mac, @Linda S., @Bruce Woodruff, and especially @Jill F..The only three things I'd like to emphasize are:(1) Linda's understanding that you have to know what kind of rental you're aiming for before you start redesigning a kitchen and planning on shelling out the big bucks.(2) Jill's rock-solid description of the process of getting this done.(3) As Scott said, if this is a C-class apartment, light that kitchen up like a surgery, and understand that less is probably going to be more here before you open up your wallet.Only one thing I'd like to expand on:The cheapest cabinets are made out of particle board, it's heavy, it warps and swells when exposed to moisture very easily, but it's cheap.

Quote from @Linda Weygant: Quote from @Mary Jay: I might be wrong, but Ive heard it kind of raises a red flag with the IRS... 

Quote from @Tourie Wright: I was wondering what I should do to walk away with money once I use private money to buy a mobile home or house.

@Linda Hastings What areas do you stay away from?

@Linda Thomas, you should pay before the 30 days.

@Linda Weygant  Your response seems a bit aggressive?

Originally posted by @Linda Labbe:I Live in Ontario and invest remotely in the States  I love Ohio for its great returns and the fact that I have an outstanding team on the ground that has my back.... we also do buy and holds in Memphis and Montgomery  its all about the team  the people you work with  that is what makes the true difference That's great Linda.

Originally posted by @Linda Weygant:Unfortunately, the only thing you get to lecture him on is paying the rent and taking care of the property.  

Purchase price: $3,180,000 Sale price: $5,500,000 Off-Market Fixer with Pool and VIEWS in the Linda Vista Hills of Pasadena.

Thanks Galen for your response, I am still a little confused however, when you do a cash-out refinance does the bank just wright you a check then?