I also understand that the real money will be made on the 3rd, 4th, 5th+ deals, so my primary concern is getting started, getting experience, and making a little cash on my first investment.My initial strategy was to purchase a light value-add dup/tri/quad that is selling at a discount per key to FMV ideally with rents below market.

$150/ft for that size may be a little light due to the fact you don't get economies of scale building smaller. 

Do you feel the additional drivers of the Northern Lights in areas like Fairbanks would help increase winter occupancy better than places like Anchorage?

My other properties so far have been light rehabs but I'll be starting a significant rehab on a property soon.

If you are working with someone who will only paint the positives, and no negatives or risks, then tread lightly. 

I had a similar request from one of my tenants on a new light fixture in kitchen.  

Whether its a renovation project, or just light cosmetic work, you'll be doing these things yourself or managing the people you hire for the job(s).- Property management experience.

Thanks for showing me there's light at the end of the tunnel. 

It has low taxes, decent cash flow, and light to moderate appreciation.

Perhaps what is being referred to here is business cards with a high utilization will prevent or limit the possibility of further business cards or limit increasesBusiness credit is useful because it is hidden , and as I have illustrated, it’s simple to get the cash out of the cards at 0%What might be prudent is to use the business cards lightly for the initial 6 months, and then after limits are raised or more cards are granted, then use it heavily......judging  when to pull the pin is down to personal situations Home Depot and Lowe’s accounts make sense for covering refurb costs and again if business accounts do not affect your personal credit even if used to the max