So you can change the down easily enough if you find they actually put more down.This doesn't tell the whole story but it generally answers your question.What is left out is that when going to selling, the owner ends up spending about 8% of the value of a home on real estate agent fees, & other closing costs.So, selling a home at $120,000 costs the seller about 8% or $9,600Keep in mind that 3 different appraisers will give 3 different values and they could be 15% higher or lower than the other guy.

I would appreciate a review.   

I would reccomend picking it up so you can review the content before you take it again! 

I would research brands of mini spits and read the reviews to see how reliable they are and what is a good brand.

Reviewing your blog, the point regarding going small and partnering most likely sounds like the ideal option at this time.

My original budget was: $158k (purchase) + $11k (rehab + holding) + $9k (selling closing costs) = $178k total spend.

I think it's much easier to think of simply spending all the proceeds since if you buy multiples as Clayton said you may want to allocate your proceeds so that a few properties you buy for cash or with minimal leverage. 

To answer your question, I would not built a shed and spend money on it.

I would spend 4-5 hours a day 5-6 days a week working at the house.

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