My answer is behind "door #1".Moral of the story:  You can't "buy" cash flow out of pocket.

SF never once provided me a list of things in writing.So the moral of my story here is don’t think since you’ve made it through closing you’re out of the financial woods yet.With these two properties alone, we have spent over $20k in repairs that were required within the first 60 days of ownership.Best part is the insurance agent told me I had to make the property looked lived in…how do you expect me to finish the interior renovations (we removed some walls and gutted the kitchen; started before our priorities were redirected for us) when you’ve got me dealing with a bunch of “recommendations!”

Moral of the Story: no matter what you have or don’t have, minimize the chaos by knowing what you have or don’t have.... that’s true financial peace.

This is where I met GC and RE investor Mark Fries which introduced me to realtor Stephen Morales.

The moral of the story is, when it comes to making that initial offer, if you are unsure of the property value, go get an appraisal before you make an offer.

Get those CCs paid down, and you'll also potentially earn higher credit limits on those existing cards (a good rule of thumb is to keep your utilization lower than 30% of your limit which, if done consistently, can boost your credit score). 

painting and carpet might not give you enough of a boost, needs more detailsHave you already bought it or are you projectingYou can add value by increasing rents, improving the property, refi, adding sq footage etc.

Why moral support? 

I wanted to add to the list of ways that you can boost your credit score! 

In the commercial space you can boost the value by either lowering expenses or adding some other monetary value i.e. coin laundry, storage fee, parking fee etc....