If you are assuming a certain return on equity that is above the ~5% or whatever in the mortgage, it makes some sense, but that seems like a fairly bold assumption.I guess... if the house appraises at X after a rehab, and you take out X, how are you going to have a positive, or even close to zero, cashflow at that point?

Would update or paint the front door with a bold color along with adding landscaping and mulch.

That is mighty impressive and you are a prime example of creating your own destiny - many congratulations for being a brave and bold young man!

After a few like this, we got bold and began to do direct mail marketing to neighborhoods in which we wanted fixers or rentals.Wash-rinse-repeat.

YES, only my opinion written in bold above.

(I need to live in the next property so I don't have to pay 20% down)The part I bolded above is actually more than likely your biggest problem.  

You are a bold man, Ryan.

See my offers bolded below: Todd Today at 12:58 PMTo Bobby okay :-)On Wed, Jan 6, 2016 at 1:01 PM, Bobby <> wrote:Awesome!

Contract language is below with my highlights in bold. 

It doesn't matter if you are young or old, totally new or need to build upon your experience.Yes, you have just announced a commitment to the thousands in this community about your seriousness regarding REI and have taken this bold step to affirm it.Your time on this site and with the BiggerPockets community will be well spent and can be financially rewarding if you so desire.You are here at the Forum, but, should raise your mouse to the top and explore the otherheadings displayed.Don't get overwhelmed by the massive amount of data archived on this site.Simply, bone up on the areas that you need to expand knowledge in such as, Forums,Marketplace, Learn, Network, Analyze, Resources.Feast on the Podcasts, #askbp Podcasts, blogs, webinars and the myriad of bookrecommendations.Also, you can review the quick links below to help solidify your grip on this site. http://www.biggerpockets.com/starthereSetting up Keyword AlertsHow to Use @Mentions on BiggerPockets25 Tips for Real Estate SuccessAfter becoming more knowledgeable and confident because of my above suggestions,take action to snag your first real estate investment deal if new or add to yourexisting holdings if you have prior experience.Don't get caught up in analysis paralysis.You must immerse yourself in the RE marketplace locally in your neighborhood or afar if the situation warrants it.Take calculated risks if needed and you shall be rewarded!"