TSP walls, prime with killz (they actually have a water based product now called Restorer that I’ll be trying soon, so much nicer than oil based and my friend who owns a restoration co suggested it), paint.

What's the best type of loan product for this, to have a low monthly payback?

I think D4D isn't very productive from my experience other then if there's a property you're already interested in, or like you said getting to know neighborhoods, but again this can be accomplished once you have a potential deal to go look at.2.

If you are planning on leaving the floor in for a while, do some research with people who sell the products about the newer color tones.  

What if he moved it to you now, and you lived there with him, learning the fixups, the renters and the business.Pay no rent and use what wold be your rent for you two guys to eat like kings, and have fun times together.Sleep on a cot, or the couch, order pizza, buy some new clothes for both you guys, watch sports on a new big screen, go fishing, play cards, play Monopoly, join the Moose Club together, do the yard work together and LEARN.And avoiding probate is a wise move, and looking at the tax situation for yourself and for him would also be smart.Good Luck!

Your loan officer will help you find the right product for you!

You don't want to be stuck in a variable rate product long-term.Or... depending on what your current rate is, do both (refinance into a lower rate and then put a HELOC on top). 

Especially with more fiscal stimulus, as opposed to just pure monetary stimulus, the inflation will hit consumer prices much harder and because of global reduction in production we have a deadly combination of trillions of dollars flooding the currency and fewer goods to purchase.

We're seeing the margins start to widen, and some more product with the Fed tapering but all the pricing hasn't adjusted just yet.

(Probably 5k other posts on this in the search box)This is definitely a team sport so you'll need to surround yourself with the A-players who can add immense value during these crazy times.