Depending on the size of the down payment, we could take on a property that needs a bit of work.I have been using the BiggerPockets calculator to analyze deals though I'm having a hard time finding any that have positive cash flow in the first few years. 

As far as someone who is not had much experience turning a unit, there are things, simple things such as paint sheen, and paint color that can be a positive or a negative for the rental.

Enter your criteria, and we'll provide you with options, and you'll only hear from the PM's that you specifically request contact from.

It's great that you're considering the option of building a rental property instead of just selling it outright.

., you might be cutting it way too close to really do anything. 15k is the bare minimum I suggest for reserves or oh no money on any project so that doesn't leave you a ton left to work with.As @Glenn Banks said, 203k is probably your best option because it's an FHA loan and you can do low money down and the reno is baked in, but the reno is complicated.

That is the best option or simply ask your neighbour (and get it in writing) that you can put the fence in the same location.

Again I'm just exploring my options as this is my hard earned money that I'm spending and I'm not an iron fist person but like to be "fair" and "punctual" with any business.

Or is your only option to tear down the current structure and build new?

I’m listing to some beginner audiobooks to determine what I can do from the position I’m in now.

You can apply this model to different types of real estate but multifamily, mobile home parks, and hotels are better options given the ability to buy larger assets over time.