Hey Denny - For rehab costs, a good place to start is breaking things down room by room and getting rough estimates for common repairs like the roof, HVAC, kitchen, light cosmetics, etc.

Personal guarantees are EXTREMELY common.

I also advertise before someone moves out to get a new tenant before the current one leaves. 100% occupancy on a LTR is very common for me.No idea on a MTR.

And I know that a refinance would be the best, and most common, way to go. 

Health professionals are generally looking for 1-2 bedrooms and even travelers in other professions look for that size unit.

High 6s to mid 7s is more realistic for the most common deals (70%+ LTV).Also, the FFR doesnt really directly impact mortgage rates.

FlooringScope of Work:Replace carpet in bedrooms with engineered hardwoodRefinish existing hardwood floors in common areasInstall durable tile in wet areas (bathrooms, laundry room)Estimated Cost: $20,0004.

And with much more in commonality with starting and running say a restaurant. 

Multi family isn’t as common as you’d find in other parts of the United States, but there are some good properties here to be had!

LOne common strategy is doing a cash-out refinance on one of your rental properties to tap into the equity.