BP has a purchase calculator that I believe has both functions (cash flow and appreciation). 

https://www.bizjournals.com/lo...The more you know...

@Kyle Kinkead likes others have and will say, shop around local and create relationships with banks where you want to do business.For your operating accounts and savings, I am a big fan of Chase since they seem to be everywhere that I work but they also have great online functionality.

You want durable materials that look good and you want to limit wear and tear and damage as much as possible by making things functional inside.

You may also be able to deduct your business expenses as well.Deducting mortgage interest is generally the largest deduction that taxpayers get, but it also applies to investors as well.

Switch is still functional and as you can see on the picture the switch was old.

Otherwise, it teaches you very little about actually performing the function of a real estate agent. 

With that said, I have seen some investors approach the deal as a wholesaler would, find a below-market deal or motivated seller to get the property under contract at a discount, and then just get a handyman in to get the property into "liveable condition", touch up paint, make sure everything is functional, do an intense cleaning, and then re-list the property for a small profit after closing costs etc, maybe using a flat rate listing service. 

If the whole project isn't done by X day, charge 100/day and have that come out of the final payment, which should be the largest payment. 

The largest questions I have are: What should we keep in mind as we do this?