The "safe amount" will vary depending on your cash flow, other income, other savings, insurance coverage, anticipated upcoming expenses, and if you have the means to access cash quickly in case you need to do so.

Trump could put in some real policies that could make the economy go bananas - it's already simmering with anticipation of good news to come.

I'm anticipating my home in the 230k-250k range.In addition, currently the property is in need of a new paved driveway, sidewalk, and landscaping, Do the winter weather I am unable to complete at this time. 1. 

We weren't given an inspection period with the seller, as he needed to sell STAT, so we locked it up hoping that repairs wouldn't be much more than we anticipated. 

How much return are they anticipating for the investors?

Their guys can usually do everything much cheaper.Like I said, I would only consider using it if you anticipate big items going out soon.

Finally, the redemption period vs. anticipated ROI.

Builds anticipation.

I think by hobby you actually mean a fun side business or investment the anticipated profit from which is not needed to fund your day to day living expenses.

Looks to be only about 50-60 sq ft so I would anticipate about $250 in materials and 4 hrs of labor if your handyman knows what he is doing.