Who knows if it will come together but it didn't get instantly shot down as "crazy".

The instant you pull the money out, you have "a second mortgage", but you also have an investment that will pay the mortgage so the net result is positive.  

The contractor used this flashing material https://m.lowes.com/pd/Peel-Seal-Instant-Waterproo...

I would never be concerned about a referral fee because I would never for one instant consider paying it.This is not the 1980's, they are not tapped into some stream of information that the every day joe isn't.

I doubt those who claim instant EQUITY buying Turkey investments.

Not only would you instantly become the most hated man in the state (after Drew Peterson, of course) - and probably top the AG's personal hit list, the blizzard of new regulations to protect tenants and their property would swamp the courts for decades.

I would first focus on items that are going to get an instant return and then take care of other upgrades that while important do add value to the tenant or reduce your expenses.

They will cashflow about $1000/mo and I should gain about $70k+ in instant equity.I'm new to this stuff so I need your insight.

I like the route instantly.

You could do a cash out refi after the cash purchase to pull out most of your money anyways, and you would get that instant equity.However, I also believe in spreading out your risk.