I hope all is well during the Holidays and I'd be interested to hear how you make progress towards achieving your goals. 

Make sure you have performance on the seller or recovery of your expenses if they do not perform instead of just getting earnest money back as you may be damaged more than that if the transaction fails.Get seller IRS transcript tax returns to validate. 

You won't however be walking out of closing with 60k in your pocket, the rehab money will likely be in some kind of a 3rd party funds control available as work progresses. 

I think that's a huge part of progress.

That's where writing down goals and milestones on the way to accomplishing those goals is key- you can see visually when you have done one task and made progress towards the goal. 

Bas Land I will definitely keep you updated on my progress!

Keep me posted on your progress!

@Alex Ajdari,     It is absolutely possible to do what you are talking about, people are doing it all the time and they talk about their progress and issues right here on BP.

For example, ACRS (Accelerated Cost Recovery System) came around and gave you most of the depreciation up front.

You're doing great progress Jonathan, keep it up!