Also I believe lenders usually will only refinance up to 85% of the appraised value of the property which also cuts into the amount of equity you have.Im actually in the exact same situation right now

If you see you are purchasing a lot of junk food, you could then start cutting some if not all of it out.

They look best when you cut them back in the late winter/early spring before spring growth but I think they do ok without.

Streets that have long term neighbors, cut grass, nicely landscaping, kids playing in the streets, etc.. 

The grass looks as though it had not been cut in a minute and the foliage is getting out of hand.

So, yeah - the competition will be tough, maybe cut-throat even.My $0.02 ...

Take a cut of the profit and let them close on the deal and do the rehab.

I don't know no one wants to cut anything they want to find a source for more money.

You'll notice a lot of the BP who are super successful,have tons of $$ and tons of properties, most I've observed are cut and dry-- what's on the lease, and what's your state law on it?  

Do not cut any corners just to make something look better on paper but not in actuality.