Income fluctuates tremendously in most 1099 real estate occupations (being a Realtor included) so having that put away will be vital to your comfort and peace of mind as you get started.(1) figure out how your minimum monthly income needs (this may change as you move to a different city and get out of college life, so estimates are fine for now)(2) cut out everything extra until you've put away 6 months reserves(3) live way below your means so you have extra money to save and investGood luck and congratulations!

A lot of homes have had bathroom and kitchen modifications without permits.

This could involve modifications to the units, which can add to the overall cost.

@Alyssa BalamTo avoid foreclosure, consider various strategies such as refinancing options, negotiating loan modifications, creative financing, and exploring foreclosure as a last resort.

Zillow is very common but beware that a lot of these sights don't give you vital information and only give you a "Renter Score", not an exact credit score or other vital info.

A pro forma is vitally important, to make sure your projected returns match your budget.  

As @Paul De Luca mentioned, no modification is needed.  

Any chance of a rate modification vs a full on refinance which I'm sure will cost 10-20k?

Therefore, it makes financial sense to factor in all costs when deciding whether to sell or hold a rental property.Strategies to Sell Investment PropertiesWhen you decide to sell an investment asset, it’s vital to consider the tax implications to avoid taking a large tax hit.

Be also mentally and emotionally prepared for the folks that think just because this is not your primary home, it's somehow less of a catastrophic event for you because others did lose their primary homes.That's why it's vital for you to form support networks with people who are in your same boat - ideally in the same community.This truly pains me to share - but most of the disasters I'm seeing across Western NC are going to be considered flood events and if you do not have a separate flood policy you will likely get no coverage.