Borrowers from participating FHA-approved lenders are eligible for 100 percent financing, including closing costs; Making insurance available for both mortgages and home rehabilitation – HUD's Section 203(k) loan program enables those who have lost their homes to finance the purchase or refinance of a house along with its repair through a single mortgage.

The spread enables me to get low or no cost insurance.Lastly, this isn't my personal example but my partner used notes to pay for the addition on his house.

By having the table next to the window in the kitchen it enables me to see and know when someone has arrived at the open house.

That will allow you to build up a network of contractors and suppliers that will enable to to address problems faster and more cost effectively.I would also recommend buying a home warranty program if you are planning to hold the property and make upgrades over time. 

What is preventing me from moving forward at the moment is the contractor part.For example. if the advice I receive is that in order to enable a good flip i would need to be very hands on and that contractors are hard to find , I would likely avoid a more aggressive project like a multi shell.I am looking to flip and hold the first property with the hopes of getting an attractive entry point for cash flow.

Former is enticing because it will enable me to pay off one property and rental income will pay for the HELOC but then I still have HELOC on top of payment on a new home.   

I would argue that your duty as a human being at this time is to the children there and not the mother, and if you allow the situation to go on you're enabling an obviously unfit mother.

I have two options in front of me either to obtain a rehab loan, which will cost me $10k for six months ( points, fees, interest) or just finance the entire deal with my own money (cash).The rehab loan will enable me to obtain an additional property, so in six months i'll have two properties ( one with the loan, another with my cash)  but it'll cost me an extra $10k (on top of the regular down-payment which in any case i'll have to lay out) .

Practically you can search Zilllow's map with the school and crime layers enabled.

The most traditional avenue that most banks/credit unions will enable are the typical refinance (cash out refinance) to access equity.