How do you finance the tear down do you add it to construction?

If you go back to work as self employed, there are some NonQM programs out there that can do a cash out refi after just 1 year of bank statements or P&L. 

I would have contacted the locksmith tech to get additional details before assuming it was tenant damage.

Should I just save that additional tuition money and put that towards my first investment? 

Additionally, I wanted to begin using properties to pull equity to go towards buying more.

Here's the deal: You don't need to withdraw and return the current security deposit just to collect the additional $100.

If you own a 2-flat with an additional non-conforming garden unit (basement) being rented, and you're considering a cash-out refinance, how will the lender evaluate the rental income?

In addition, the Grantor will probably be required to sign the same seller's affidavit that are needed for a non DIL closing. 

The big pros are the strong job market (lots of major employers), good population growth, and still-reasonable entry prices.

Without population growth, your rental income will lag behind inflation, requiring you to find additional sources of income.How long your rental income lasts depends on the job growth in the investment city.Non-government jobs are inherently temporary.