If one nets the bank more over another scenario, they will typically pursue that route however, they aren't going to entertain a short sale offer without a fully executed purchase and sale agreement where all parties to the transaction are at arms length.This sure sounds like a doctor doing surgery on himself.

The Lessons: In the original hunt for a house we came across a huge 2 story 4 bedrooms 3 bath house that needed some cosmetic work.

It needs some cosmetic updates, and I want to finish the attic and turn in into 2 more bedrooms.  

when you hold a property then fix it up with minor repairs and cosmetic improvement.

I'm doing cosmetics in a townhouse to rent in Orlando 32792.

I'm doing cosmetics in a townhouse to rent in Orlando 32792.

I'm doing cosmetics in a townhouse to rent in Orlando 32792.

Vacant and needs full cosmetic repair (new kitchen, flooring, drywall, bathwork) 'Basement' Unit: 2 bed/1 bath.

Details: The property needs work, mostly cosmetic and landscaping, and I'll have to spend a few thousand on new furnaces, roofing, and other miscellaneous fixes over the next year or two.

This I estimate would be able to be fully updated cosmetically, with the addition of a master bath where currently there is a laundry and addition of mud room/ laundry off garage and one additional bedroom in basement.