Or do you plan on wholesaling and 4k is the fee?

We plan to take out a wall and add an island to open the kitchen up, take the carpet out of the bathrooms, replace most of the flooring, finish the 4th bedroom and the rest of the basement, and various other minor updates.

When I signed my tenants into a year long lease, we made an agreement (addendum on the lease) that they would pay for new carpet and kitchen flooring out of their pocket in exchange for a lower monthly rent.

@John D.Rental income does not qualify to sponsor a Solo 401(k) plan. 

I went under contract and my inpsector came back and told me the house has foundation issue. floor sloped and outside brick wall had crack but being patched.

No matter how well you plan to build up your reserves it just takes a while to build them up in the real world.

I plan to move in after purchase and live there as my primary residence.

I am a Ham Radio operator and I have plans for my 6 acres the additional 5. 

My brother has the same 10 units (2 separate sets of 5-unit) townhouses built next to this property so I will be using a floor plan similar to his units. 

The key is your lawyer submitting your renovation plans to the court.