I've been stopping by every week, which seemed fine when it was just at the framing and insulation stage - I wouldn't know what I'm looking at anyway.

Say you find a property that is for sale, use street view to see the house in none staged photos, natural light, etc and stumbled upon the property next to it.

This should be thebasis for your detailed renovation budget plan.However, if you arein the property evaluation stage the approach will be different.

I would suggest the home being staged for this.

It was mismatched before and getting it staged just right has helped catch the eye of guests.

There's better room for profit to get it at foreclosure sale, but in our market that bid would go higher than I'd want to be involved in at this stage.

I am in the final stages of closing on my first deal.

I'm sure there's a combination of life stage, where you are in your investment career, tolerance of risk, growth vs. asset protection.

There are an additional 12 homes in various stages of renovation, owned by the park owners.

Within a year and a half you can actually have levered yourself into 5 properties in various stages - some being improved, some being rehabbed, some being sold (but all of this is tax deferred).