They already willing to release deposit based on loan officers wordsIs releasing deposit normal at this stage?

I think it is worth staging for pictures and making it attractive--most people renting their cottages in Michigan don't bother.

I am very new to real estate investing and currently in the very beginning learning stages.  

If you can't do that yourself find good contractors that can.I just bought a property where I knew there was $30k in roof work that needed to be done but I planned to do it in 3 stages over the next couple of years.

Currently have 8 flips in various stages for investors and am based in Medford.

I'm in the analyze as much properties stage and this thread is very helpful.  

So, this may seem monumentally elementary, thats because it is.

We've paid for materials, demo interior, demo exterior and the next stage is the framing which we don't want to pay because the work is so poor.

I've refinanced two using HELOCs and the other six are in the credit review stage of a commercial loan targeting 75% cash out.Now, I'm in a similar situation as the one you are contemplating: where do I put the money to work?

All the maintenance, staging etc worked!