Id like to understand what the most profitable way to fix up a current 1,700 SFR in a 6,200 sq. foot lot would be?

If you can save up for a slightly higher down payment your margin for success will be significantly higher.Also, I strongly agree with the "buy the worst in a great neighborhood, live in the worst unit of the triplex and slowly fix it up yourself."

Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

It's called a payoff statementif it's a big lender you will not buy the loan as it will take forever, you are better just paying it off. you then can foreclose based on the total balance owed to you which is both loans and any accrued interest. regarding fixing property or selling as is, that really depends and needs to be evaluated on a case by case basis 

@Kevin Wood: Fixed Asset Management module is included in the QuickBooks Accountant version where you can calculate the depreciation.

Hi everyone I'm new to the Dallas County investment sceneI'm sure there are a lot of serious investors here in BP with experience who would gladly help with mapping the area to know which neighborhoods match the strategy.I focused on two main strategies- Fix and Flip and BRRRRso cash flow and appreciation need to work together.appreciate your insights and helpgod bless you all

You will owe monthly payments until you fix the property up, rent it out, and refinance to a more traditional 30 year fixed rate product. 

I purchased sub2 a handful of times for fix-and-flip types of situations, where I was in and out of the deal in 3 months.  

However, it's feasible for me to hold onto this property anyway and fix these issues regardless.And yes, the mini-split has a unit for each room.

Tell the tenant (with a firmly written notice) to fix or vacate.