Derek, so assuming I get a 300K from equity via cash-out refi and I purchase a new property in full cash with no mortgage but with enough monthly cash flow to cover the new loan amount of $494 K ($194K + $300K), wouldn't it be okay to take this consolidated approach with one loan with two cash-flowing properties covering the monthly mortgage and other expenses?

We cover 6 counties in Central Florida, so you'll have plenty of networking opportunities with other local investors and all types of business members that offer every service you could need. 

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

I have enough for 20% down of the $7 Million I would have budgeted for but wouldn't have enough again to cover the acquisition cost and then interest payments on a construction loan.Any help is appreciated Thank you

Our private covered dock and lake toys are a bug draw for us in the summer months.Multiple people have said they love the pool table.In our bigger cabin people like the large game room, movie room, custom covered firepit and hot tub.

As we flipped this ourselves from the roof to the flooring, we gained much respect to labor workers and realized even the tidiest things such as changing the outlet covers and installing new plumbing will take up a lot of time!

I was recently laid off and have accumulated about $20,000 in credit card debt, primarily from paying last year's property taxes and covering a few months of living expenses.

Renting allowed them to cover costs and build equity, while selling in a hot market helped them capitalize on the home’s increased value.Let me know if you’re interested in financing options for similar deals, happy to assist!

The most cost effective and safe investment you can make to cover your 50K debt and still use the same 20K capital to increase the value of your holdings is invest in short term fx government treasury swaps.

Personally, I would take the cash and buy an investment property and ensure I also had enough cash to cover all expenses for six months.