I would keep as much liquid as possible and essentially get you to 20% equity or more by renovating the property. 

Additionally, I created MEC (Material Estimator Calculator), a unique residential renovation software that automatically calculates a bill of materials (BOM) based on the property’s condition.Overall, I’m thrilled to escape the Seattle rain and connect with fellow investors here in Arizona.

With your background as an electrician, contractor, and project manager, you have a unique advantage in real estate.

I'm in Spartanburg and starting some new construction projects.

We are renovating it as it needs work.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $144,900

Cash invested: $13,000

This is a charming 4 bedroom, 2 bathroom home in Bossier City, LA. This move-in rea...

@Paul Cijunelis  thank you for this response Paul, well I firstly got interested in CRE when one of my high school teachers told me about how he does it and that kind of started my interest, I really love CRE because I've noticed it's a very lucrative and risky business like high risk high reward, but not just that I really love seeing a bunch of properties being brought back to life with renovations.

The property itself is a good deal, there's a lot wear and tear in apartment so will definitely need some serious renovation work, but mostly cosmetic.

The cheap markets generally project poor rent growth. 

Local market trends: Could you share any insights into current rental market conditions and future growth projections for these areas?