I would also like additional capital to -Fix up that home (instead of me paying for the repairs/upgrades over time)Invest in stocks, (As I've been learning/studying for over a year now, making small amounts here and there as a trader) Potential upgrades for my business (me and my family run a successful auto body and paint shop)Because of my good credit (almost 800) I feel like some type of bank/company/individual must be out there willing to work with me!

The building does have quest water lines that are all behind drywall except when they connect to fixtures and appliances.It would be expensive to repipe this as a lot of drywall would have to be cut and then repaired.I know it's a risk to wait for a leak to start and then to repair just that section.I'm getting an ok buy price and the seller won't go any lower.  

I am needing to efficiently and accurately get repair costs as deals come across for consideration. 

The unit above mine is currently for sale for $25K more than I bought my place for.Any thoughts/suggestions on the best way to go about doing this deal if I decide to go ahead with it?

Floors all need replaced, as well as the kitchen and baths.other cosmetic repairs as well.

Went in and did repairs, but didn't pay the taxes for the next 3 years.Would the next investor have to pay for the repairs and back taxes the previous investor paid?

I used the lower end of prices as leasing price and after repair value based on the Zillow estimate.

I ask because I'm looking to do the same thing you suggested - set up a relationship ahead of time with a couple hard money lender(s) so that we could be ready.

It seems a little difficult at first when I have no idea how much to expect in repairs, vacancy rate, property management costs etc. 

Hey Roong, I think if you're looking to get ahead of the gentrification curve, you might be a little late to the party!