As long as your DTI ratio doesn’t exceed 36-45% with the new debt you should be just fine.

I think as long as a house is properly maintained in general it is unlikely to fail.

@Steve ProiaWhat I have learned from life experience is choose a path and stick to it.If your kid was just born you have 18 years to execute your plan.Whether you choose on or the other or both, as long as you are consistent and follow your plan without fail, in 18 years you will have something $$ there to accomplish what your goal was.

The homes will typically appreciate, BUT as long as the builders are still putting up new houses in your area, there will be more of an incentive for buyers to go with the builder and buy new rather than buy "used" from an individual seller.

So in terms of the type of renovation I would say as long as it isn’t a full gut I would be able to do it.

As long as you believe the property will be profitable as either a flip, or a rental, at least you will have that option when you are done.

I help work on the properties myself, and have found great sub contractors for great prices as long as you put out referrals and keep using Them they are always at your mercy( and helping you save on repair costs). 

I am confident I can walk down any street in Columbus without getting shot as long as I am not trying to rip off drug dealers. 

AirBnb is an option as long as the unit is furnished nicely and all the towels, sheets, kitchen ware available.

You can definitely use conventional financing as long as the deal and numbers support it.Most people buy cash with BRRRR due to the condition of the properties, time needed to close, etc.Another reason is to avoid 2 sets of closing costs on both the purchase and the refinance.