Unfortunately I have applied to several banks for pre-approvals and my max is $400,000.

I was going use a credit booster and then apply for a personal line of credit.

If not you would have to apply for a variance which takes time and money.

Should I use the buy and hold analysis and just leave out the numbers (like down payment) that don't apply? 

You are better off starting off as a real estate sales person, the money is better connections are better and it is a more natural segue.  

@Joseph Weisenbloom I recently applied for nonconforming use rights for a duplex in Dignowity Hill and was successful.

Finding deals and subsequent buyers is what I am good at, I am trying to figure out the best way to apply these skills in the field of REI. 

I have not taking the classes yet or applied for my license. 

I'm a natural rambler so I'm sure @Brandon Turner and I could be friends :)My wife and I recently found Bigger Pockets and are getting caught up on webinars and podcasts so thanks to all! 

Would like to hear how others handle optional renovations during tenant vacations and if they apply rent abatement for any loss of use.Backstory: Renting out a basement apartment with painted concrete walls.