Sub-2 is not a good strategy for buy and hold landlords, rents may not cover costs to dispose of the financial obligation you're in. 

What does the city require to remove it and dispose it?

By the time you remove all of the existing, and dispose of it, there is hardly any money left for labor.

If you buy below market, buy value add and force appreciation, and make sure it cash flows well you have all of the pithiness at your disposal.

I have some disposable income, which could increase as this year continues, and do not want to squander it or put it into my current portfolio.

Dispose of all food sources, for long term storage.

That being said, you could still intentionally dispose of the appreciated securities over time to spread the gain out over multiple tax years.

I have a 14 page lease :) it included there responsibilities and how to use different appliance like the garbage disposal and dishwasher 

I feel a sense of urgency to start investing soon, but as a small business owner who just showed a profit for the first time two years ago, disposable income doesn't come easily.

@Stephanie Walkes Here is a quick breakdown of the prices on a home like this: 1) Remove and replace kitchen (Gut kitchen, install granite countertops with Island, SS appliances (microwave, refrigerator, stove, dishwasher and garbage disposal) remove wall to dining room.- $8,000.00 2) Remove and replace Bathroom (new tub or shower, new vanities and toilet, ceramic tile, paint, bath accessories). - $4,000.00 3) Frame and finish basement - $6,000.00 (with full second bath included will run about $10,000.)4) Painting a property of this size including the finished basement - $2,500.005) Remove and replace all doors (about 10 in this property) with 6 panel hollow doors - $15,000.006) Install HVAC to include Furnace, condenser and ductwork - $7,500 (If the ductwork is already in place we can have a 2.5 ton furnace and condenser installed for $4,000.00(ductwork is the most consuming and labor intensive part of installing a HVAC system)7) Install carpet on second floor(This includes all three bedrooms, hallway and stairs) and basement $2,300.008) Refinish hardwood floor and new color of the stain of for the living room and dining room - $ 900.009) Replace windows with all new energy efficient vinyl windows - $3,000.00I think that's all of the big stuff.