For real estate, Buy low, Rehab/repair/ add value/ operate efficiently and manage money/ sell high...I started out by living under my means-drastically-and house hacking small apartments.

Further to this, let’s say I only need to occupy the unit for X amount of months, do I need to go through the hassle of changing the address on all of my IDs etc?

There are some factors that do not get addressed here then.

Our rehab strategy's are based on asking price for the property, comps and realistic ARV's so that each rehab or make ready, is specifically designed around the parameters of the deal.With that being said, we often help investors dodge situations where unrealistic numbers have been given by aggressive wholesalers.

@Alison Rauch Yes you can cash out under delayed financing exception when the property is ready after finishing rehab. 

They gave me the wrong address they moved and did not have a forwarding address submitted yet.  

View report*This link comes directly from our calculators, based on information input by the member who posted.basically analyzed this deal best i could just started analyzing rental properties..loopnet ad barely had any info i just found some pictures on the inside and realizing that you would need more then 15k for rehab since it looks like it needs new cabinets in kitchens  would all depend on getting the deal right. ... thanks for any suggeestions and please let me knoe any good cities you guys think i should be looking at !

She is looking to borrow about 60% of ARV and the rehab costs are maybe 10% of the ARV, (which she has on hand so only needs to borrow for the original purchase costs). 

I am looking at a 60 day rehab with most of the code violations being addressed.Here are the violations:-housing violations: roof, peeling paint, vent screen-fallen tree branches-THIS IS HORRIBLE!

Also fyi the city has a short-term rental zone look up site that you can punch in any address and it will tell you if it qualifies for new license.