My goal is one year of upgrading to bring the value of the property up, moving and raise the rent to $1750-1800 for both units (My realtor suggested those number because of the area and comps)I qualified by myself for the loan so that it enables my wife to seek a loan for the next rental property.

Be diligent in trying to achieve "as accurate a pro forma NOI as possible" (if you will) and make sure you procure your market cap from a viable source.

I would then form a new lease agreement with the Tenant or have them procure their current lease with 4 months of back rent checks verifiable per state law.

It enables you to scan receipts from your phone and it's OCR capability "reads" pertinent information and integrates into Quickbooks eliminating a lot of data entry and paper records.

In all cases where real property has been heretofore, or shall be hereafter, sold on execution or in any mortgage foreclosure proceeding, the purchaser at such sale, or his successor or successors in interest, may during the year or years of redemption, in case of the expiration during such year of any insurance policy on the premises sold, pay the premium necessary to procure a renewal of such policy; and in case of any taxes or assessments being delinquent, or in case any installment of interest or principal upon any prior or superior mortgage shall be due or become due during such period of redemption, the purchaser may pay the same when or after due, and in all such cases, the amount so paid, with interest thereon, shall be and constitute a part of the sum necessary to be paid for the redemption from such sale.Disclaimer: I am not an attorney nor do I play one on TV.

Most contractors I know will not warranty anything they don't procure on their own.

Welcome @Daniel GreenOne of the marvelous things about BiggerPockets community is that it enables us to welcome and help people in a way we couldn't as individuals.

They will assist in developing accurate criteria based off market analysis and procure properties leveraging sources such as the MLS, Wholesaling Partners, Direct Mail, and Referral Business.

In few scenarios like for example, multi tier consulting , it can be challenging for people to procure a proof for their layoff.

AFAIK, I would need to procure a commerical real estate loan but getting this with no experience is unlikely.ThanksMatt