So the way to handle landscaping or upgrades etc is to have them as add ons to the construction contract so the builder completes and they become part of the completed. house.

Selling a few houses a year while going to school is better than working retail plus you will be learning the industry.Starting at a 2-year community college is a smart way to go to save tuition dollars as long as you have a solid upgrade (transfer) plan to a BA/BS college/university to finish.

We have had multiple tenants make claims regarding promises of former owner for upgrades or lease terms We have also had cases where the tenant was paying a different amount (both more and less) than was specified in the lease. 

Relatively easy to upgrade with "wow factor" finishes that get SFR's sold.  

Would the area rents support the upgrades needed to get high market rent rates?

@Dave Spooner I came to that time frame for a couple of reasons:1) It's a few months after the two-year requirement for exempting up to $250k in gains, so there's no pressure to rush the exit2) The upgrades I have planned can be done in stages, so it smoothes out the capital spend3) There's (in my opinion) going to be a lot of wreckage from COVID-19, none of which we can predict right now, so to me FY 2021 has a better-than-even chance of being a recovery year for the type of first-time buyer that this property would be attractive toUltimately, Q1 '22 takes us past the majority of the major uncertainty, and isn't much past the two-year mark that's required to get the exemptions.

Is it a cash flow buy or a future bigger cash flow and upgrade buy? 

Don’t assume that due to COVID-19 people won’t want to pay a premium for an upgraded unit.

He upgraded the breaker from a 20amp to a 30amp to be sure.

I know this loan product is great for distressed or fixer upper homes, but what if I was looking at a home to purchase that was more turnkey and needed very minimal to renovate or upgrade?