The easiest way that I have found over the years is to simply ask other investors, specifically in your local market.

I moved to Mobile about a year and a half ago from New Orleans to follow work (I work at Austal as an engineer) and just recently got bit by the real estate investment bug.

Taxes is easiest: seller bought property in 2004 for $260,000 and modest increases in assessed value over 20 yrs.  

I am a new investor in Texas, and have spent the last half year educating myself on anything real estate investing related.  

I have seen a lot of investors get stuck with a Heloc that they opened up and due to a small mistake find out the bank cut their heloc limit in half or in some cases closed the account leaving them with a balance to be paid off before they could even finish a renovation project.Heloc rates are much higher right now versus a 30 Year cash out refinance by over 3-4% in some cases higher depending on credit score, CLTV, and loan size.

IMHO it is literally the easiest way for “the common person” to build immense wealth.

The house was a hoarder house and needed a large amount of work (Roof including plywood, facia boards, soffit, gutters, underground plumbing, outdoor deck, all windows, doors, flooring, bathrooms, half the sheetrock, retaining walls, etc.)

Spend more than half of your total working hours in an RE business in which you materially participate.2.

Hi guys - we are about to close on a property soon in Philly and are planning to do the following work - -Add HVAC, Add a full bathroom and add a half bathroom, Fix kitchen (keep same layout)My contractor is saying that (Approach - 1 ) - we don't need to pull permits.

Spend more than half of your total working hours in an RE business in which you materially participate.2.