It's probably going to be the least expensive overall (in big scheme of things) and allow you to expand how you're looking, at least that's what it sounds like. 

@Mike McNeil-Leier We're a rental property business & we tried to expand from our current market into the greater mwk area, the numbers didn't pencil out as well as our favorite market so we stopped our efforts to acquire property there.

I am looking to expand my education and experience in real estate through flipping, whole selling, and long term buy and hold investing. 

You will be surprised sometimes what a seller will sell for once an actual offer is submitted. if that fails you need to expand your sources of finding properties

Good luck and let me know if you want me to expand of clarify anything further!

After you've done one transaction and can speak intelligently about your successes and failures, you will start to earn the trust of others and expand your network.

If you’re open to working remotely, you expand your options a great deal. 

.- In theory you would have added the SAME ARV and potentially take home the same $40,000 Home Improvement Loan, which (being $40,000) should be enough to pay the LOC off that you used for capital for material and labour, as well as to pay yourself back for the down payment of the home.I’ve taken on the strategy of getting quotes for a few new windows, a new basement kitchen, and expanding the basement washroom, taking out the kitchen wall in the basement for an open concept with the living room, AND adding a 5 foot privacy fence in the back yard as well as adding gravel parking spaces from the back alley.The idea is gold, but I have a feeling that the Home Improvement Loan may only match what receipts/invoices I have for material bought and labour of the contractors.

With a lower income I can't expand as much or fast as I'd like while carrying debt, would have to refi.

I buy turnkey and have a few “safe guards” in place:- All of my properties are freshly rehabbed (lower initial cap-ex expenses)- Most of my properties have a vacancy guarantee with the PM company (if property were ever vacant for 90 consecutive days, PM pays me full market rent starting on day 91)I’m just trying to figure out what is “enough” for reserves, if there ever is such a thing, and balancing that with expanding my portfolio.