I'm working on calling a list of event planners to see if they will share any information.As long as I have a plan before renovations, then I think my worse case scenario is that I spend some time, learn some things, and sell it.

Up to this point I haven't shared with the homeowner the exact amount of money I stand to make on it -- only that I have options to profit off the sale.

Is there anyway to get rent money same day?

But many of you helped me cut right through that with your strong suggestion that spending the money is well worth it.

That's if we're thinking strictly Houston, but for such a budget I'd put that money in a diff city or diff investment vehicle.

My background is in math and engineering so I also think it'd be cool to analyze their spending and maybe start recognizing areas for improvements. 

There are a few reasons why, but the main reason being- the need to spend more time with my loved ones.

@Trevor MorrisIf you are looking to do value add renovation for your next investment, a HELOC seems like a great move. so long as the other investor is okay with loaning out the HELCO money as well. 

The folks trying to sell you something on the internet probably won't say this, but you need to spend some time in your market before and after your purchase.

You certainly 'can' work directly with the builder, but you will NOT save any money by doing so.