I am doing my first deal that needs substantial renovations. I'm a pretty handy guy but this would be outside of my realm, but my experience helps me understand how much this type of improvement should cost.Improvemen...

Quote from @Arvand Sabetian: Depends on your unit and size.

IRS definition of a dependent.To claim a child as a dependent, the child must be under 19 or under 24 if a student.

Long term $ can range from 6's-10% range depending on all types of factors - LTV, location, unit count, debt coverage, borrower strength, full doc or lite doc programs, etc..

I would budget maybe 20-30k depending on how far you are going down.

Taxes: Be aware of potential transfer or capital gains taxes, depending on your state.4.

I think it would, depending on the celebrity of course. 

Quote from @Jaren Taylor: Quote from @Stuart Udis: Depending on the transaction sizes you are pursuing, raising money to purchase property without debt requires either an incredible network of relationships or devoting a lot of time and effort to raising money.

There sure are fast track approaches to this but really depends on strategy. 

The ability to effectively self manage would depend on the scale you are trying to buy.