Buying for cash flow in San Diego is generally not going to happen, that's already well known and understood.

Yep, that's definitely pink, and a retro-kitsch look wouldn't be understood nor appreciated in rural Arkansas.The absolutely cheapest update: Remove the two courses of tile above the vanity.

Understood.  

@Chris Stephens I'm sorry I am a bit of a beginner but can you explain what you mean in this equation, I've read about it before in separate posts about wholesaling but never understood it because wouldn't you need to renovate the house which is considered flipping not wholesaling?

The 'Gentleman's Agreement' usually refers to when the contract is verbally understood, nothing written.  

Also, i am not sure i understood completely your posting, are TKs not a good option?

Like many people, I typically was against doing this for the understood reasons (Taxes/10% penalty) etc.

Understood, I am under-capitalized, for now.

The house is between 10.5 and 11.5 feet wide and 22 feet deep, space is an issue.So after the architect, yes overkill, but I wanted someone who understood small spaces, and he was the one who informed me that the house that I thought was a little shy of 600 sq ft was 469 sq ft.

This was something I thought I understood pretty well, until we actually started talking about going about doing it lol.