When you refinance, you’re essentially borrowing against the value you've built up in the property, rather than realizing any taxable income.

A business is literally built for cash flow.

Purchase price: $186,000 Cash invested: $46,500 Home was built in 2018 as a long term Section 8 rental unit.

I have an opportunity to buy a property in tennessee that has 25 self storage units AND allows for 25 more to be built. 

I'm looking for a 10-20 unit, built after 1960, needs repairs and the unit mix are 1 bed and 2 bed because most people don't rent out 3 bed.

I agree with @Jonathan Greene here that the first step is thinking through what to do with the primary residence - you might try this tool that I built a few months ago to analyze whether you should keep or sell the primary residence! 

3) When was the property built and remodeled?

We also tried out REI Blackbook but not did not like it because was pretty clunky and hard to figure out.Now, being that we are not real estate specific, we have a general contracting business in Chicago; we have a pretty robust system built out in HubSpot, which we LOVE and definitely allows room for more growth!

I am not really a fan of the program because we have a very nice situation in our current home.Putting 20% down for a conventional loan is a steep task financially so I do not think that is an option plus I have been told by many of my friends with multiple MF homes to never use your own money to get into one.Then there is always using the equity we have built up in this current MF home we live in to purchase the next - I am not sure how that works but have done some research on home equity loans and believe that would be another option.Any advice would be greatly appreciated!

Apps built for long term rentals, like RentRedi, won't help you manage bookings from Airbnb and VRBO.