I was just under the impression that since the value of the property hinges on the NOI (being 5+ units), I would need some proven history to document the actual expenses.

Hello BPers,I recently met with an experienced realtor who worked for a larger RE brokerage in Arizona that after a decade or more experience remains under the impression that a (non- licensed) investor cannot pay a realtor, etc.

Beyond the curb appeal it's really the first impression you'll give to a potential tenant and to a current tenant for that matter.

Also I would interview a couple lenders and find which one gives you the best impression.

I was under the impression I had to get enough money from investors to pay for both the property and the Reno, and have the refi pay for the two because of the ARV.

@Ryan Becker that sounds like an impressive start. 

I talked to someone in your team and was very impressed with the clarity of the conversation, and the options I had.

I am under the impression that had they paid Apr. rent and I accepted it, it would void the 30-day notice. 

I am very impressed with the Tampa market, congrats on your past deals and best of luck in the future.

There are many things to consider to make a great remark like the location, its physical condition,  the demand in that area, and the first impression.