I'm keen to know, whether you're a BRRRR strategist, a flipper, a buy & hold, or just a renovation guru, what are some examples of the best and worst rehab items you've spent money on.If you can focus on helping us all with understanding what you spent $ on, why you thought you should spend it, and then what the ROI/result was.Hopefully in the process we'll get some insight into what to consider doing (all the time) and what to avoid!

That's a worst-case scenario though, just something to consider! 

For example, pulling $100k of equity out would still allow for good cash flow, and could give me funds to buy another property, or 2-3 depending on how the financing is structured, while still keeping cash flow in the green.As a worst case if I decide I never want to scale...a paid off rental provides good steady cash flow.

I'm sure its not that difficult to sort out. 

I have had some typical offers with wealth management companies and some software firms, however, I would love to be in real estate in any sort of capacity if I can.

With new things I'm typically a very hands-on learner, preferring an observe-replicate-innovate sort of model, so I'd love to start meeting investors and watching deals go down to see what's working in the Northwest Phoenix/Glendale-ish area where my wife and I own our home.I'm excited to start meeting people, continue learning, and hopefully pull the trigger on a deal in the next few months!

It's an ok deal, and ok deals can become good deals when you factor in education.My first property is my worst performer.

But the worst part is the stop work order.

So 4 units at $1,000 per month means a $1,000 holdback at closing until rents are sorted out.

This, however, is only if you are comfortable utilizing it for leverage.If done right, I think your worst case scenario is a shattered friendship at the cost of a property you got at an 85% discount, a deal people often only dream of.