I own a property management company so it is easy to support this role.

But the question is whether one can actually achieve the proforma cash flow on older properties with a less economically stable tenant base.Based on your picture, you appears fairly young.My advice is buy properties in quality locations think long term 10 to 15 years - slowly and safely build your portfolio - equity and cash flow will increase over time and in 10 to 15 years you may become financially free.People talk cash flow is king but one can NOT generate financial freedom cash flow with $250,000 or $500,000 invested (equity).Even at a 10% cash on cash return, one needs $1.2M invested to generate $120K a year $10K a month.You want property to be self supporting so it needs to cash flow but once that is reached the focus in my opinion should equity growth which increases net worth.

The cash flow from this property ($1,300 profit after expenses) can also help support your ability to qualify for a refinance.HELOC (Home Equity Line of Credit): Another option to access equity is through a HELOC.

@Brian SiedenburgHere are various real estate investment strategies for supporting your mother's care.

I recommend that you first identify a strategy for your investment and make sure that the market you choose supports it.

They can help you see where you missed the mark and that will help you screen deals to find the right ones.It sounds like you have skills that can work to support a JV deal. 

Would love to repeat this (appreciation has been great) but with rates it doesn't currently support the prices/weekly rents What made you interested in investing in this type of deal?

She said yes to being a Cody supporter and I thought She had 2 active wholesale deals available?

Solid business and population growth to support long term appreciation. 

If you are lookign to occupy the property as a primary, then you'd need to look at the conventional (Fannie HomeStlye Reno loan for example) or FHA (203k loan for example).As for the takeout, again so long as the ARV is strong enough to support it, you have credit and income to qualify (if you go the Conventional DTI route as opposed to DSCR), you should be able to refinance into a long-term loan no problem.Feel free to DM me if you'd like to chat more on this!