Source of the money would be offshore banking/oil business so to speak. 

Houston short term is on watch w/oil but B/C properties still work there and Austin where I am is a bit crazy for MF so I'd proceed w/caution.  

I bought a house and i am in the process of fixing it up, but it will take some time because I work out of town a lot in the oil field and building dams.

Alberta's economy is quite cyclical since our main industry is oil and gas.

On the interior, we snatched out shiny brass fixtures and replaced them with the trendy brushed-nickel and oil-rubbed bronze finishes that were required upgrades at the time.Having something to prove on Willowood, we worked with a vengeance and remarkably completed the renovation on time and on budget-ish.

Oil based enamel paint , 2 coats and caulk the joints , works well

Sadly, this isn't very common in a world in which there are too many people "snake oil salesmen" taking advantage of unsuspecting investors.Then, if you have the financing, you can give financing to your buyers.

I don't think you're wrong, I would just caution not to minimize the external forces that have a strong effect on supply and demand.High enough interest rates will effectively kill any demand, since few individuals have the ability to purchase a house for cash.Lack of government supported mortgages will effectively kill any demand, since relatively few individuals have the ability to overcome the banking objections (and interest rates) that would accompany loans that weren't federally backed.Extreme local changes in desirability will effectively kill demand, such as the oil bust in Texas/Oklahoma in the 80s, the Rust Belt state declines in the 90s, etc.

@Blaine Martinez IMO Farmington tended to rise and fall a bit with the oil industry over the last few decades.