IMO the most cost-effective parts of a kitchen or bath reno, that you could pay yourself in labor vs. pay a contractor would be 1) careful demo and cleanup, 2) painting or skimcoating, 3) re-using existing materials/accessories or using refurbished ones in a clever way (e.g. re-use existing cabinets and painting them)

The location of the lender doesn't necessarily impact your chances of getting a mortgage or the efficiency of the process however, local lenders have a better understanding of the local real estate market and regulations as they are more familiar with appraisers and other closing professionals in the area which can expedite the process and you will get a more personal touch and easier communication.

If you aren't a Real Estate Professional, I am not sure adding more to your portfolio, with the main intention being tax reduction, is the best option.

He stated I better be careful doing that.

This will be a bit of a long post but if you care to read through it thank you in advance!

I do professional management of short term rentals (STR) in the Kansas City, MO market.

Always hire professionals.

STR's are a different beast entirely, whether professionally managed or not, but they do allow for an easier/quicker exit than traditional commercial such as retail, office, warehouse, or multi-family.

The ideal degree program will vary depending on personal preferences, professional aspirations, and intended real estate sector job.Good luck! 

Lesson learned and will be more careful in the future.At this point, I am going to have an attorney send a formal letter to cancel the contract and return part of the down payment less the work that's done.