, take out tile/replace with hardwood, countertop, open wall to living room (Just a window, not a wall demo as its load bearing), and new (or used) oven New interior doors Bath: Tile, vanity, countertop, toilet, reglaze tub Light fixtures, vents, plugs, switches Staging Potential updated electrical box (currently in good working condition) NEW LARGE window in living roomInvestment180K current20K rehab20K & closing costs realtor fees220K CostThere appears to be a possible 20K gain on my primary residence, this would free up approx. 30 – 50K cash to be used to jumpstart my real estate investing career.I have not gotten quotes on the repairs yet, this is what scares me.If repairs end up costing 40K, it could eliminate the entire gain and I would be better selling now to pull the cash out.Please provide any and all thoughts/advice you may have regarding starting my real estate career.Thank you in advance for your response!

Can someone give me three simply rules for getting started.

Much more effective than that card they are going to stick into their pocket and forget.

His name will appear below your reply window.  

Don't forget to use BP's Deal Analysis to help you out too.Kudos,Mary

Don't forget about a hybrid between the two... a lease option.  

The house is older and needs new roof, furnace, electrical, plumbing, flooring, windows and a basic landscape job.

(seldomly find any discounts forget about any deals)People living in Austin can't explain housing market to someone living in Mid-west or East coast because it's hard to explain/quantify  the city growth.

So we outline all major systems (plumbing, electric, hvac), roofing, siding, windows, flooring, ect.

Let's not forget, the self inflicted barrier of being secured by a property that has a market value less than the conventional loan miniumn (loan min $50k).