I would also like to find something that won't be really cold to the touch ideally. 

Hey all - One of the strategies I'm looking at is getting a construction loan for a distresssed property (close to 100% of the purchase price / 70% of ARV), fixing it up, then refinancing to pay the private investor, and ideally cashout my money into fixing up the property.That said, having never done this (though I believe plenty here have) what  issues to I run into with the refinance?

Success is the progressive realization of a worthy ideal.

Ideally, I'd like to purchase a house for $500k, use $100k down, have a monthly mortgage of around $2200 and put another $20k - $30k in repairs, fix up, live and get a roommate and then sell in a few years.

It did scare me a little bit cause the house is worth in the high 6 figures and for a newbie like myself it's not the ideal entry point. 

Write down your goals, investment strategy, ideal location and follow it.

Hello All,My name is Armin Nazarinia and I am new to Bigger Pockets and wanting to get more into Real Estate Investing ideally making it my full time job.

You'll need info like phone #'s, SS# (ideally), etc.

Ideally it works best if you have about 2/3 of the rehab money in cash, so you dont have to stop the work to wait for reimbursement.

Ideally I am looking for durable, wear-resistant, affordable materials.