Skilled negotiator with high aptitude for developing and executing programs leading to sweeping change.

Check your roofs to make sure they are in good shape, the first picture you showed is the gable end of the house with 2x4 fly rafters holding your fascia, the plywood you see is the sheathing for the roof. the paint peeling and mildew would not be caused by something inside the house, but something to do with the temperature and the roof, make sure your roof is ventilated, it appears there are no vents for this roof, 2nd picture shows your soffit with the roof rafters and next to the house is closed up. drill a hole in between each rafter the size of a round vent ( 2 - 3" ) and install round metal vents. at the ridge of the roof, remove the ridge cap, install a ridge vent and recap.

If this house needed some work or was bank owed, it would sell below what the market value was at that point in time, which would make it appear to appreciate more, purely looking at the sales price, but you have to account for any capital expenses which were invested in the property.

It was a great deal, or so it appeared.  

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Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

As we move forward, I was just thinking that we could save a lot of paperwork by having the accounting program accurate. 

Cashout refi isn't some secret off-menu program that you need to bring up any specific way.

Im also checking you out houses called "turnkeys" that appear to mean they set you up with everything (management, good house,tenants) you may want to look into.

Beyond the easement concern, that's something I will have to figure out when I see it in person - the area where the two property lines meet and how that may appear to a future buyer.