I'm in a growth stage so even cash flow just gets compounded back into investments and reserves. 

Purchase price: $54,000 Cash invested: $3,0003 bedroom, 1 bathroom, within walking distance to elementary school and middle school.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Still just in the early stages of planning our course of action and why I am looking for some advice on BP first.

The photos will get you interest.Lastly, I am a huge fan of staging.  

I'm in the planning stages now.

Hopefully that's an elementary statement to you.

The lower priced properties didn't really seem to benefit too much from the staging and once you get into the upper price ranges it seemed like them being staged was almost a formality.

There are a few things to know about 203k loans: There are "scope-of-work" plans that will be needed, and there is a HUD consultant (an FHA designated overseer of the project) that has to sign off on each stage of the project before draws can be issued to the contractors.

Your agent will be paid by the seller/seller's agent, your lender will be paid out of closing costs (you can get the seller to pay those as well), you won't need property management at this stage, but you will need to pay for inspections once you are under contract.3.