Option 3) Finally, it has crossed our minds that perhaps it would not be a bad idea to do flip for our first deal on a home that needs basic and minor cosmetic updates (new coat of paint, laminate floors to replace carpet, updated appliances and cabinets perhaps).

If it won't FHA/VA etc because of paint and handrails.....

Because we don't use a separate credit card for real estate, when we go to Home Depot, we got a charge receipt for, lets say, paint.

House hack if your like me I actually like painting just one room to be satisfied in ownership.But go talk to the commercial lender and tell him your situation about your 1 strike.

Neighborhood somewhat busy thoroughfare, yellow line painted in street.

Check the Census Bureau and other websites for demographics, job growth and other projections in your particular area.It’s not only normal to ask, you must get that information (rent roll, T12, P&L, CapEx and whatever else helps paint a solid financial picture) in order to make an educated underwriting and offer.

Pistols on hip, Porn DVDs, nude oil paintings, diesel fuel in old beer cans...haha...as long as the strategy is working for him.  

I think your trying to paint a picture of investors having some kind of "skin" in the game (not just monetary either).  

He came back with nothing, as he did not see any sign of leak ( no peeling of wall paint).Solution: Tomorrow, I am planning to inspect myself and try to find root cause of the problem.  

I have a tenant that is a painter so I let him paint his apartment.