I compare leverage, insurability, taking write offs, cash flow, monthly  expenses, transportability, speed of decline in a crash, ease of unloading in a crash, forced equity improvement, things like that.

Cash-out now or hire someone more competent to handle your affairs. 

It should save you more than enough to pay for any renovation.

Purchase price: $220,000 Cash invested: $1,500 Sale price: $245,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Denis and Samantha, successfully completed a quick flip on De Gage Drive, Prairieville, LA 70769.

Purchase price: $90,000 Cash invested: $50,000 Sale price: $235,700 My first flip What made you interested in investing in this type of deal?

I'm working on getting a cash out refinance on a Rental property.

Since I have over 10 airbnb units in the metro atlanta area I have a systems and employees in place that automate the demands of running an efficient airbnb for business cash flow purpses. 

Purchase price: $175,000 Cash invested: $40,800 Sale price: $305,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on E Holland Ave, Fresno, CA 93726.

So, if you decide to sell later the next owner would have problems getting a loan, unless they are a cash buyer.

Before learning this, my calculations showed it would cash flow $240 after expenses, but now it will take an additional $10-15K to fix and install these features.