In my mind, going overboard in decorating ONLY makes sense if you don't intend to sell (as is the case you have described)....so you get to enjoy the fruits of your labors (and money spent).

I'm enjoying dissecting it all and hopefully I'll figure out what I have to pay to make it a deal!

We have been lurking around for some time now, and we enjoy reading all the advice and posts.

The investor isn’t looking for something they can enjoy.

I really enjoyed reading @Bill Gulley post above.Redemption of a "Contract for Deed like contract" ie what are your options if the seller defaults is a big issue.See your lawyer and your RMLO."

My father has had several properties and it has served him very well, he really enjoyed investing.

I always enjoy when I fly into Truckee to meet my old bud's from Napa .. we play gold at Old Greenwood then go to Whitehawk .. for  few days. 2.5 hours down from PDX. 

I plan to do most of the work myself since it is something I enjoy doing, but for purposes of negotiation perhaps estimating the labor costs would be beneficial.

As for TV shows, I've really enjoyed the flipping ones for inspiration, but they are more drama than anything.

You will enjoy it ;)