As things progress I’ll keep you all informed on this mess.

And thanks for checking out my website... it's still a work in progress.

Purchase price: $235,000 Cash invested: $1,000 Flip in progress.

Keep in mind if your goal is to gain more property, even if you only have $10k of a heloc used lenders will evaluate the scenario as if fully leveraged.

So, I'm guessing I need to re-evaluate things with my agent.

So I am re-evaluating strategies to make it work.

I really hate writing big checks to contractors, but it's hard to put a price on the feeling of coming home from work and seeing a day's worth of someone else's progress hanging on the walls.  

(And if anyone out there is already doing this on Kerr Lake, it’d be great to hear from you.)Definitely looking to “win on the buy” but the hard part is evaluating the rental income potential of a given house or the lake as a whole.

Eventually I will replace the windows and do other things but its a working progress.

Hi Andrew, I disagree with your evaluation on liability here.