My partner and I are in the mid-west and have helped investors internationally do the very thing you're aiming for.

Just another "tax" aimed to get money from the "rich real estate investor" when in reality it will simply hurt the renters. 

Property taxes are a little on the high end IMO based on your monthly expected rent - I aim for about 1-1 of monthly rent, thereabouts - i.e. if a place rents for $1000/month I would be looking for annual property taxes of $1,000.

You're at the point where you probably need to find a blanket commercial loan for the entire portfolio, clear the mortgages and either start over on the mortgages or just start aiming MFH.

One thing I will add is that the “substantial improvement” part of the law - aimed at development / redevelopment - is especially interesting because you can do a cost segregation study / bonus depreciate parts of your property in connection with meeting the substantial improvement stipulation.

Not eligible for any repair programs: they will go through a consolidation after 3 months.I could get a secured credit card.Just to add more clarity around the goal, I am aiming to get an FHA loan to buy a du/tri/quad plex.

Refi it and take the cash and use it to pay the note off on the other one and supplement those funds in a 1031 on the sale of the other one. 

Some siding is missing and the broken rain gutter is aimed right at that spot.  

Off Cape, if you're rehabbing a home that's likely to attract a family with school-age kids (3-5 beds, 1.5 baths or more), you should aim to have the sale closed by September 1. 

Now being a new eager investor, I may have a wide eye approach but I do like to aim high.