At leads with real estate, you can somewhat improve value unlike stocks.

Oh, and if somebody doesn't appreciate you asking, move on to the next quickly, failures are lessons about how to improve, not how to quit.

You can usually flip a certificate or deed for a few thousand dollars profit, if someone will be able to take possession immediately and make those preservation improvements that increase the redemption price tag over and above what they paid you.

@Brooke TassoulIt probably varies by State, but I think sales tax is charged on everything if its a repair vice a capital improvement. 

Fail fast, learn fast, improve fast, and it's amazing where you'll end up.Read my full list here. 

My thought is that my payments are much lower than they would be for a principal and interest repayment, which would give me some leeway with an improved cash flow. 

It's not difficult - if you're committed to continuous improvement, have a little time and have the interest.

Had some unexpected expenses come up before finding a property (vet bills & unexpected tax bill due) which took up about $25k of the heloc).As we all know the market was crazy early last year, but I found a property which I saw great potential in with some improvements needed.

Green is the color that flashes when markets are improving or when interest rates are falling.

I'll keep this in mind if I decide to improve upon it.