It transformed homeownership from an expense to a self-sustaining investment, allowing me to build equity while minimizing housing costs.

Typlcally, a lender is going to lend 75% - 90% of the Cost of the project (property price plus rehab cost (scope of work)) or 70% - 75% of the ARV (As Repaired (as completed) Value).

Better Tenants & Higher RetentionThrough thorough tenant screening and responsive communication, property managers reduce turnover and vacancy costs, ensuring a steady income stream.2.

Having no security deposit in place reduces friction.

It may cost you more in the long run.Good Investing... 

If not, no bueno.

@Jason Sinclair, having a designer for a wife, I would answer that it really depends heavily on each house, the flow and usability of the spaces as they are, and the overall use of space in the house as a whole.That being said, while there may be a small shift towards more separated spaces, "open concept" is by no means dead, and in many markets, most people seem to still want to have connectivity between their communal spaces.In fact, my wife's current flip is a split level (although technically it is a split-foyer), and she is taking out a structural wall to connect the kitchen, dining and living areas.  

No state income tax, no rent control, and a straightforward eviction process make it one of the more landlord-friendly places to own rentals.

The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.

One thing to take into consideration would be the overhead costs of being a cross-border investor, such as entity setup, property management, higher lending rates and tax filing should you choose to have a CPA.