Wait until you read this post first then go to the link: US Cities America is AbandoningFrom the Article, it states: "The 50 cities where the most people are moving away from can primarily be found in the Northeast, Midwest, and West Coast, particularly in states like Illinois, Michigan, Ohio, and New York.

I came across BiggerPockets in 2017 and it completely jump started my passion for Real Estate. 

I put 45k into the complex, and after the appraisal upon completion it appraised for well above asking and the 45k I put it—- hello infinite return!

Feel free to reach out to me with your time frame for completion.

This is completely common and basic to real estate .

@Brian P Carolan completely agree with Martin. 

And sometimes using hard money at a reasonable hard money rate is well worth the end result - especially if you're doing a significant value add project.The most common way given your scenario (I'm guessing you've already completed your sale and started your 1031 exchange) is to do an improvement exchange. 

At least when you go to a timeshare sales seminar you get a free meal or a beer coozie... but these guru programs, $37K, ROFL!

I just completed rehab on a couple of properties. 

Estimate renovation costs accurately.Manage teams of contractors & projects.Accurately estimate the re-sale price of the home in question.Keep costs down.Stay on budget.Keep project on schedule.Fund projects.Market completed projects to home buyers.