He's also a very good operator from what I've know and seen as he does share content online (walkthroughs of the aftermath of fires at his property, etc).

We refinanced and pulled cash out, and they will pay off the debt a second time.  

The warrantability will come up more on the back end when it comes to refinancing or selling and the rehab aspect will impact you more immediately as it may cause you to adjust some of the work that you're looking to do on the property.

Wondering if you have any particular online companies you recommend that checks evictions, credit reports, collects rents, provides a lease, etc... all in one place. what are some of the pros and cons you have experienced with each company. thanks

Check out other online guides available here: https://www.biggerpockets.com/guides3.

Buying a single family below market, living in it then refinancing and renting is a good option.Do the research...do you have the skills to renovate a house?

Hey @Clint Kelly, I was going to recommend something like BuilderTrend but from what you've said, QuickBooks Online (QBO_ does exactly what you need.The key here is you need an REI-savvy bookkeeping professional since you stated your current bookkeeper is dropping the ball.What you want is super easy to accomplish for a flipping company using QBO.We have Clients who flip close to 100 properties/year and everything is super organized for each property using QBO.It's the operator, not the software in this case.Hope that helps!

You can also check their reviews online at Google, Facebook, or Yelp.

If you find out what their dreams are, perhaps refinancing can align with those dreams if you position it the right way?

I'd recommend getting tenants into the property before refinancing regardless though.