Simplify as many standard processes such as online rent payment, leases, apartment turns, paint, and other materials, and re-key all locks to a master system.

Get a couple estimates materials and labor.

Also, your wife simply would need to "materially participate".

I’m completely new to fix and flip but I have been doing some research, I’ve been looking at distressed properties in my area for example one I’m looking at now the listing price is $359k Arv is $550k the contractor fee would be $33k without materials I’ve been looking at fix and flip loans saying they would finance 90% LTC and 100% rehab .

Updating the interior is costing me $63,000 for demo, installation, and materials.

InflationRising Costs: Inflation drives up the cost of materials, labor, and property maintenance, potentially shrinking profit margins.

@McKinly SpringerThis did not bond as they didn’t prep the floor properly nor was this done properlyIt does not appear they even used a self leveling material like ardexTo me this appears all of it needs to be ripped out and redone properly

Owning the property outright allowed him to address those costs comfortably and even negotiate a better deal on materials since he wasn’t rushing to meet a lenders timeline.Given that you want to learn and scale gradually, cash is a safer way to build your confidnece and investment foundation.

The dog jumped up on the toilet, bit into the blinds on the window behind the toilet, and jumped on the metal TP holder breaking it off the wall. 

Broke down the doors and stole all of my mechanicals + material on-site (resulting in ~$30K worth of damage)I just had a contractor walkthrough and talk to neighbors and apparently there is now a homeless man who has been sleeping upstairs (he wasn't present, however bedding was present).