We have supported as lender when folks purchased for $17,000 and sold for $30,000 same day.The flipping, land lording might need some cash of your own; even though you can get lender involved for portion of it.There are other tweaks and variations on real estate; which you can explore as well.See what works best for your situation and change as you grow.

But it is a good size room and there is still plenty of space to spare.I wouldn't use it as a bedroom or sleep in there if I lived there, but wondering what is the best use for this room?

I know your tenant has been there for 14 years, but you still want to set aside a portion of your profits for the day when she vacates.

I have 12+ windows that are standard sizes and need to be replaced.

Unless you're a millionaire and don't mind losing a significant portion of ROI... those investments companies are "ok".I personally wouldn't trust them with that much capital (I've spoken to an owner of one of those companies before and he could not generate a straight answer of his firm's average ROI over the years - they also had really poor property management of the few hundred houses/lots they've owned).

It's very easy to finance any size property in an LLC or other corp.

Updated granite kitchen, water view, nice size lanai.

I do not include anything in the return portion of the envelope when I send letters for investment.

Depending upon size of property a complete treatment would cost around $500 - $750. 

Is the $75k a substantial portion of the purchase price?