It may cause you some upfront financial pain but will be worth it in the long run so you can move onto renting out the rest of the house in a manner that you want.Finally, you should consider joining this group. $100 for a year will get you access to monthly meetings with other members who own small rental properties... who could offer you advice.

Once you have determined the homeowners timing and motivation you can proceed with the rest of the questions if they are ready to sell and motivated to do so.

Great advice Sebastian, I would also add that redoing the flooring in the kitchen (as it is often a different than the rest of the house), can brighten up the space especially paired with someone of the other tips you have mentioned. 

But I'd still probably cash out refinance, find flip deals that are financeable, purchase them with conventional 20% down loans and then use the rest of the money for renovations.  

Real estate just supplements my income and enables me set my kids up for the rest of their lives.I’m fully engaged and around kids for 35 + hours a week so I have a pretty clear idea of what a “normal” childhood should look like.

Him and my mom want to visit say 3-4 times a year and then Airbnb the rest of the time.

There are five main items that can make or break a stay, another twenty that can hugely impact a stay, a handful that are great crowd pleasers, and the rest can be purchased inexpensively.

At some point, the tenant will need to access (if safe enough to do so) and remove whatever they are able to salvage, then you will need to clear out the rest of the rubbish and fire debris in order to fully assess needed repairs.

You don't need to know everything to get started; you just need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

We have the funds for a down payment and rehab, but we will need to fund the rest.