@Joseph MuleroTo boost your rent plan and make more money in the medium-length rent market, think about these steps: slowly add furniture to the new place while you stay in your current home, pick cheap furniture, use a credit card with good terms, look into loan options like personal loans or home equity credit lines, try out the market by listing the place with few furniture pieces, aim for easy-to-change furniture for flexibility, and talk to pros like real estate agents or home decorators.

This is after rent appreciation, as well as selling 5 doors and taking some great profits from market appreciation and paying off other properties to lower our debt - which significantly boosted our cash flow.   

The cost of UDFI is generally nominal, and should erase only a small fraction of the boost in return that the use of leverage creates.So:  Make an all cash purchase and receive 10% return or make a leveraged purchase, pay tax on UDFI, and make 13% return. 

But that type of mentality: not admitting when you’re wrong, sidestepping when you’re at fault and in return putting someone else down sounds like 1) our president and therefore, 2) not someone I automatically want to give my money to. 

Effectively, you get 6 years of experience through 6 weeks of this course, saving precious time and boosting success sooner.I already have about $300K soft-committed through just a few contacts I've been able to do my pitch for.

Vetting a reliable contractor can significantly boost your odds of success.

You need an Eat what you Kill mentality if you take this path.  

**Appreciation Potential:** Property values may rise significantly by the time construction is complete, boosting potential returns.4.

Having a 24 month term on the front end will also make my job easier doing the take-out loan when it's time to refinance into permanent debt, because there's room in there for a full year of tax returns to have been done in the middle (if your exit plan is to sell, it'll also make it easier on your buyer who will presumably be willing to pay a higher price if they can get an A-paper good mortgage).Ask for a 24 month term, tell your contractor you want it done in a year (and make it financially worth their while if they can pull it off), internally/mentally plan on 18 months, and I'm putting you on notice now to do your tax returns on time, rather than extending them (don't fight me on this, please just do it).Trying to get a renovation mortgage like this for only 1 point is likely a waste of your time, but if you want to ask, after you've secured the above as a 'done deal,' go for it, can't hurt. 

Appreciation will happen over the medium to long term and will boost returns but cashflow is the lynchpin of a good investment.