I was listening to a podcast a few weeks ago and remember hearing about one of the guests talk about a book that had to do with calculus and how its a lot easier to learn upper level calculus before learning basic algebra.

will also depend partly on which market, western Washington for the example has notoriously bad soils which would require far more scrutiny than somewhere like Colorado for example.

(This is considered to be the same as total ownership of an individual property).Note: Other properties owned or financed jointly by the borrower and co-borrower are only counted once. Joint or total ownership of a property that is held in the name of a corporation or S-corporation, even if the borrower is the owner of the corporation; however, the financing is in the name of the borrower. Obligation on a mortgage debt for a residential property (regardless of whether or not the borrower is an owner of the property). Ownership of property that is held in the name of a limited liability company (LLC) or partnership where the borrower(s) have an individual or combined ownership in the LLC or partnership of 25% or more, regardless of the entity (or borrower) that is the obligor on the mortgage. Ownership of a property that is held in the name of an LLC or partnership where the borrower(s) have an individual or combinedownership in the LLC or partnership of less than 25% and the financing is in the name of the borrower. Ownership of a manufactured home and the land on which it is situated that is titled as real propertyType of Property Ownership NOT to include in Financed Property Count: Ownership of commercial real estate. Ownership of a multifamily property consisting of more than four dwelling units. Joint or total ownership of a property that is held in the name of a corporation or S-corporation, even if the borrower is the owner of the corporation and the financing is in the name of the corporation or S-corporation. Ownership in a timeshare. Ownership of a vacant (residential) lot. Ownership of a property that is held in the name of an LLC or partnership where the borrower(s) have an individual or combined ownership in the LLC or partnership of less than 25% and the financing is in the name of the LLC or partnership. Ownership of a manufactured home on a leasehold estate not titled as real property (chattel lien on the home).

I have hardwood floors on the first level and have decided to replace the carpet upstairs with something more durable.  

Following is a good resource on the rules. https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-prohibited-transactionsAnother option is to open a solo 401k if you are self-employed and then you can borrow $50,000 once you transfer the IRA to the solo 401k plan.

Well I really detested the last business I was in (though profitable but way too many employees) I like this one so far but these first steps.... :)Thanks again. 

I was in the same situation you were just a few months ago, and investing in real estate (albeit actively) is what eventually got me to a level of "financial freedom" that allowed me to quit my full time job. 

Budget $40-50/SF for template, install, sink and basic level.

I am just getting started in Denver, CO with a house hack. 

This will decrease your stress levels and elevate your belief that you are able to be an investor and do this business.