If you plan on tackling the BRRRR method, then why not do a cash out refinance now on the property, rather than going through an entirely different process to get the money?

I feel i am capable to tackle the minor repairs and updates because of though.

My dad and I will probably tackle this together in the beginning; he especially is tremendously handy and could probably fix a UFO if it fell out of the sky.

Life will happen to you (and all of us) and if you are trying to rehab a home, imagine having no capital to tackle debt that is lingering around.

If it needs a total make over what is the Step by step process on where to start, where should i tackle first and what should be my last project in the home?

How about a plastic tackle box? 

Savings enough for down payment and rehabOnce they have a solid base then tackling investment properties is manageable.Just my 2 cents!

They're big issues, but even if I bought it at list price, $20k  is quite a bit of money to tackle some of these problems.

We feel comfortable enough to tackle it but we know some buyers are not comfortable with just going with a lawyer and title company.We will do our best to stage it and plan to list on Zillow.

Hi @Carlos Sierra - It seems like you are definitely mentally ready to start tackling real estate - looking for a mentor is a fantastic next step.Just be careful that you set expectations correctly for yourself and for the mentor - most of the time that I've sought the advice of a mentor, they've directed me to some resource or material.In case you are interested - I wrote about my experience finding mentors in this "Ultimate Guide to Finding Incredible Mentors" - I hope that it helps you with your search!