The 6th is simply the day that late fees kick in.

I know I am a little late in the game here in Columbus but I am looking to get into either multifamily buy and rent and or single family buy fix and sell. 

I just finished creating a research/business plan with a more realistic timeline (and about 4 backup plans).

Unless something has changed with the FHA loans lately. 

We bought a flip January 17th and finished it and put it on the market last month.

If I get a fund set up and put capital gains from a sale into it - can I use additional (non capital gains) funds to finish out a purchase and rehab? 

Age and wealth accumulation targets should play a huge role in this.Those who are younger, 30-40 years out from "retirement" age (65+) should remain extremely leveraged to let time pay off their investments, and let their money work for them.The exception are likely those freebirds who can live on $30k a year passive income from their late 20s/early 30s and, maybe don't care or need to be extremely leveraged at any point.Those nearing retirement in the next 5-10 years, probably don't want to be leveraged much either.I will say after many years of growing the nest, I can't imagine how I'll ever be able to "spend down" all I've earned and accumulated over the years.

Scenario A: Leave family room as is (sitting on piers on top a mound of concrete, area underneath is unusable), finish existing basement and add a bathroom ($30-40K) - rent the basement out for maybe $1300. (300sf) Scenario B: Demo family room, rebuild a two-story 1000sf addition (200K?

I used to use $30/foot as a decent ballpark figure for renovations, but it seems like renovation costs have gone up quite a bit, $40-50/ft has been the new reality lately, but of course it's tough to put a 'per-foot' number on any particular project because everything is unique.Mobiles on their own land can be flipped, just pay attention to the age, anything before 1976 will pretty much have to be sold on a contract or to a cash buyer.

@Joseph Hammel I was out tonight I got your message very late I’ll follow up with you in the morning