We got a construction loan from a local lender & our loan is about to mature with property unfinished.

@Nelson De la Torre Yeah, we are cash flow positive by about 500 bucks.

However, you usually get more bang for your buck on a renovation *because* you are not renovating everything.

"In the event, the note holder should ever decide to sell this Note before its maturity, Buyer reserves the First Right of Refusal in the purchase of the note and to match the purchase price of the note on an and all bona fide written offers."

If you can come up with a methodical investment strategy, you're probably on the right track, if you're a gun slinger looking to make a quick buck.

@Alina Trigub is right... is your goal to just make a few bucks and be done?

NOPE just framing labor  LOL.. when I said really .. we pay 5 bucks a foot in PDX for framing labor he said that's what we charge.. so he was looking for one off homeowner who simply did not know any better.. but on the Oregon coast we did have to pay 7 bucks..

I thought my roof quotes were high, but all of them were within 500 bucks of each other.

I think the issue is the only going monthly feefor 400 bucks what the heck can you make money doing this HIGHY unlikely unless your well connected to big money players no private lender is going to trust someone with no experience and bought a 400 dollar coarse think about it realistically

For a couple thousand bucks you could make this place look pretty nice: clean the mold/mildew or whatever the black stuff is under the eaves and on the base of the front porch post, touch up the paint, get rid of the mismatched cabinets with missing drawers, the faux brick, the wood paneling, the beat up and dirty dark flooring and replace all that with updated but inexpensive builder-grade materials, put a real handrail on the front porch instead of the ugly 2x6...