If you do cover it I would cover it in sheet metal or something simple and cheap.

Very simple to do.1) In the hole you, spray some suspend sc insecticide inside the hole. https://www.amazon.com/Suspend-Insecticide-USA-Supply-Eradic...2) Get a beekeeper suit, just in casehttps://www.amazon.com/Professional-Ventilated-Sheepskin-Bee...3) cut open the area.4) Spray inside the entire wall the suspend SC5) Dry out and close up the wall.If this cost you $200 and some time, I'd be amazed. 

I signed a year lease with the tenant already and the management suggested that i extend the lease to a two year.

Second position DSCR does exist but rates are even worse than HELOANs, I'd expect 11-13% right now.Getting a simple cash out refinance sounds like the simplest option, but if you can just get a large first position HELOC only that would be a pretty convenience deal.

Honestly, as sexy as it sounds to be active and go after them on your own, as a rookie, even with some book education, the real world can knock you on your azz so I would suggest going with a very experienced and proven sponsor.

In many jurisdictions any lease 24 months and longer basically conveys additional rights and a simple eviction is no longer feasible. 

Ashley, if you are still a naval spouse, I would suggest the next time you are relocated that you consider buying a house via a VA loan wherever you end up stationed (excluding San Diego because it is too expensive) and do this every time you move. 

When I see these new posters do nothing but recommend the same company in every post and not participate on the site in any other way, I get very suspicious.If you newbies have affiliations with these companies you're promoting, I suggest you disclose it.

Off market preferred but on-market welcome.Any suggestions for good areas to buy in?

Appreciate any suggestions.