When I would get to the refinancing part, how does this work in my favor in terms of getting money out of this investment and moving onto another one? 

@Adriano Dias Ferreira it’s hard to know exactly what advice to give since I don’t know what you do and don’t know. How

I find it hard to believe such a bad market could get worse, but only if you know why it’s doing so poorly compared to the rest of the country.

@Nicholas A. your shotgun approach has a high probability of getting the exact quality you put into it.95%+ of real estate agent, many of them posting they are "investor-friendly", only know how to deal with owner-occupied transactions. 

How do you know which bank/banker to establish a relationship with? 

Feel free to reach out about how we can help you scale.

If you don’t know how to estimate repairs, I would recommend using a tool like Blue Hammer.

I had a verbal agreement with my previous contractor. No price or schedule was agreed on. I want to be able to protect myself if he comes back asking for money than the cost for the work that he did.

A great realtor can place a tenant for you and show you how to self management. 

How much are closing costs?