We love, value, and appreciate one's ability to create their own life.

@Isaiah Foster, you will need to determine what you are going to do with the home once its fixed, sell it for cash, sell it on a note, rent it, this will determine the amount of rehab you do to the home, once you decide this then start the rehab on the outside of the home to keep the weather out good luck

NC law potentially IBC law has taken away the ability for a homeowner to work on their own property for certain things, can't fight that it's law.

A famous politician once said "Don't under estimate a politicians ability to screw things up!"

I was just curious if when analyzing, people use the BP calculators in general to determine if it's a good idea to dive into the details on a deal.What types of assumptions for your local market might not be captured in the calculators if you don't mind me asking?

I can get the basis value by: "To determine the basis of an individual lot, multiply the total cost of the tract by a fraction.

It sounds like you have some business narrowing to do yet to determine the best investment route that fits you, your skills, your resources, and overall goals.

Their loans are based on your personal credit, DTI and ability to pay, etc. 

Questions-Is buying a home first going to limit my ability to buy a rental?

All depends on what you are renting and the ability to let tenants be responsible.