Typically a furnished rental will appeal to someone coming to live in an area for a short to mid term period of time.

It's going to depend on the lender, how it's titled and what kind of refinance you are doing.If you're doing a conventional cash out refinance, a lot of lenders are going to require a 3 to 6 month seasoning period prior to refinancing and it will have to be rented first.

Glad to hear you were able to secure it.

Hi Zoe, welcome good for you to start early, time is the most important ingredient with investing.

I’ve visited every other property I’ve considered in the past, so this is uncharted territory for me, and it feels a little out of my comfort zone.I’m considering putting it under contract sight unseen to lock it up, but I don’t want to make a rookie mistake here.I'm looking for some advice here.

Some people will push to get the maximum, even if it means they may wind up with nothing. 

The source of water is most likely condensation.

I do not have the capital for the property to pitch in, so I plan to use the investors money to secure the property.The interest rate that I will pay the investor is 5% for up to a duration of 20 years.

Now you have to decide if you want the income or if you want to scale.

What's up, brother!