You do not need to take on new debt for the $450,000 reinvestment unless you choose to do so for other financial reasons.If you have further questions or need clarification, feel free to ask!

The refinance step is where you pull out this equity, typically in the form of a cash-out refinance.Here’s how it works:You refinance the property at its new appraised value (after rehab and renting).You take out a new loan based on that increased value, ideally for the full amount or more than what you originally paid for the property.The goal is to pull out enough money to cover the cost of the original purchase and rehab (or even more, depending on the property’s appreciation).This allows you to recover your initial investment, which can then be used to buy your next property.5.

Depends on carrier.

If I do move in the next few years because of the military, I will decide if I want to sell for the appreciation depending on the market. 

Obviously, a lot depends on your price range here and exactly what you're looking for. 

There are many routes to go when starting to find leads it all depends on your budget and experience.

Options like conventional loans (3% down), FHA loans (3.5% down), and even no-down-payment options like VA or USDA loans could work for you, depending on your eligibility.

So many times the address is wrong and at the sale the person running it will state....the address is a courtesy, we're selling the legal description, don't depend on the address.   

Equity pay down is ~$200/month for each $100k borrowed depending on rate you get.  

It depends what basis you are filing under.