However, even issuing a five-day notice can be an important step before filing.

Other than cost overruns and unforeseen issues, I think it's just a question of if this is worth it.

Your issue more so is the seasoning period for the refinance is what it sounds like.

These will eat away at any "cashflow" you may have.2.Tenant Issues: Properties in certain areas may face challenges with tenant behavior, making it tough to maintain the house long-term.

the issue is the $200K investment does not add any where close to $200K of value in most single family zoned areas. 

Using a family address could expose you to unnecessary risks in the event of any legal or financial issues related to the business.Additionally, these virtual offices often provide extra services like mail and package handling, telephone answering services, and access to meeting rooms, making them a more professional and practical solution.

Quote from @Richa Wardhan: Regular lender financing, we have paid off 70% of our mortgage on the primary residence so we were loaned money without any issue. 

Helps with your debt to income, better opportunities at cash flow, and typically requires less down to purchase.In regards to challenges, I usually build in an extra 10-15% to deal with things that I can't see behind the walls, including dry rot, electrical or plumbing issues, etc.

My issue with last few years is sellers were comping to asset valuations in lower interest rate environment.  

Had structural issues (wall caving in) that I addressed a couple years ago.