We are in the middle of fixing one of the units (the one in worst condition), the other one will be easier and cheaper, so far, we are good with the funds.

So I think it makes more sense to fix and flip than investing in rental in northwest region.

What would be a good model for variable income on "properties managed"?

So, you are certainly right, there is a lot to consider and you want the investment vehicle match your financial model (you also want this outside your IRA) but I'd rather deal with that than just letting Wallstreet determine my retirement!

I reached out to the listing agent during the first auction, and he promised to have it fixed, but now we're on the fourth auction and it still hasn't been.This is not fair for those who are bidding, nor for the homeowners across the street who are not behind on their mortgage and not selling their house.How can I get this fixed?

So, at the time I posted originally I may have sought to move from Hamilton, but now I just want to expand (smartly).The long distance model is super attractive to me (building a team I can rely on), so I'm implementing it here in Hamilton and scanning nearby markets for opportunities.

It looks like to fix it, it would required approximately $20-25k.

As a new investor looking for my first fix & flip, I don't have a great idea of what it would cost for different types of rehab.

Reid,Unfortunately it is too late to fix it.

Here is some info about both of the options:HELOC:$32,000 Viariable int. rate 4.5-18%10 year withdrawl periodPayment from $50 to potentially $550 at the highest int rateRefinance:$54,000 Fixed interest 4.5-5%Payment $330 difference $2000-3000 closing costsAny input would be appriciated TIA!