Let me know what you think and any areas of improvement you think I can take to my next flip.

You have marketable skills and could easily make $25-40 per hour (more than you make now) doing home improvements on the weekend.

In the event you have a breach on your lease and the seller(landlord) evict you your funds would be loss, unless you put some condition of improvement reimbursements in the lease agreement.To me best thing to do is have seller carry back a note for 3 to 5 years to give your self a change to refinance the property later or resell it with a tenant in it.

Know the Fair Credit Reporting Act, the FTC, and how Credit Reports are created and improved are important when assisting seller financed home buyers getting home loans.

In some states, a contractor can only lien if the work he did improved the value of the property by a certain amount.

. - What will your end buyer be able to do as a result of your "improvements" to the property?

Now, in a few more years we'll put a paint job on it, probably 6 to 8K, about $33 a month over the holding period.Saying that all the analysis goes out the window at the end of the year when no real maintenance or improvement issues arise, it can be the cost of cleaning supplies, nothing in the big picture.

(an important idea to understand as a junior lien holder) If a foreclosure only joins the mortgagor, then the rights of the junior liens were not extinguished, however in most cases, their junior lien holder does not 'improve' their rights.

My insurance company dropped the insurance as of 12/31/13 because it was based on improvements to the property.

Each day it improves as the CO vacates and the brain cells rejuvenate.