On another note, I had a lengthy conversation with VRBO last night while we both looked at one of my listings and came up some ways to improve it. 

A HELOC is a great way for you to self-fund the improvements.

This gives you a foundation for making a fair offer.Secure Financing: Be prepared to show you’re a serious buyer with funding lined up, whether through cash, traditional financing, or a creative option like seller financing.Have a Strategy for Repairs or Development: If the property is distressed, outline how you’ll handle improvements to bring it back to productive use.

To streamline design choices, create a design guide or "mood board" beforehand to stay consistent with finishes that match the neighborhood's expectations.For monitoring progress, a property manager can sometimes oversee construction, but it’s typically better to rely on the GC for updates.

It’s completely rebuilt from scratch and a large improvement from the current one.Continued success!

The plan was to pay cash, refi out and use that to improve the property. 

For example, if you buy a home for 100k, and then improve the property and now it is worth 200k. 

Often, traditional lenders offer better rates, which can significantly improve your profit margins.2.

Excited and looking forward to improving!

The property manager should be involved before you buy any property to give input on due diligence, how to increase income and reduce expenses, and to make repairs or improvements to maximize occupancy.Excellent property management is critical to your success before, during, and when planning to sell or refinance.To your success!