Now I'm about to start rehabbing another duplex with her acting more as a Project Manager and overseeing the Contractor since I cannot be there to make sure the work is being done in a quality manner and on time.

I’m nervous, but really excited about taking on a project like this. 

One of the investments finally paid out and return the principle with over 10% ROI (more than the projected 10%).

The borrower and the asset itself.Borrower:Your credit (are you a trustworthy borrower), are you capitalized enough to float this project/ cover the debt, track record (borrower/ contractors experience).Asset:Comps (as-is & ARV), LTV metrics (lender can help verify these if you have questions), detailed budget and scope of work, tentative schedule, exit strategy.Of course any lender/ partner will dive in a little deeper after the initial pitch but if you have all of the above ready for your initial conversation it will go a long way in getting deals approved/ partners on board.

Which do it yourself projects on home renovations have given you the best returns?

I decided at the time that I wouldn't pursue it as I convinced myself it was risky in case the neighborhood turns for the worse.Well, the property I purchased ended up renting very quickly and for $200 above the projected rent and the property next door just dropped in price, so it's looking attractive again.I'm hoping BP can convince me one way or the other. 

Using correct vacancy rates, tax numbers, and rent projections will allow you to compare deals across markets.

This is not a complete rehab project.

I'm just trying to create a solution here.Also because of the condition of the house and trailer, I only see it as a rehab project.

After many years of reading about real estate and drooling over development projects, I found a network of people that were willing to show me the ropes!