Nor am i an expert in finding good tenants and property management but i do know enough that when i do hire an expert to work for me i know that i am not getting ripped off.

@Ian C.

Thanks Ian!

Congratulations @Ian C. .

Ian

Further, you’ll want to borrow as locally as you can to find those knowledgeable about your area, and perhaps even your specific deals.You can find lenders here on BP, as Ian noted above.

I need a business excuse to get out there so I an go to Walt Disney World more often!

First @Ian Kearns there is no crystal ball each decision has good and bad possibilities.My first thought is that if you expect your rental house to go up $40K in one year keep the dam thing that is insane appreciation.Second, before you sell or refinance look closely at your market can you truly cash flow if you buy more rentals?

While the place is leased for the next year, I an trying to be conservative.

My initial goal is to start bird dogging and/or working with a mentor for a bit so I can get a better feel for the wholesaling and flipping process before I start wholesaling, both standard and reverse (preferred) until I have enough financial resources and/or a partner so I an start investing in purchasing sensible single homes and small multi-family rentals to use for passive income.