Additionally, don't confuse a renter's policy with a rental dwelling policy.

If that doesn't work out I would just say wait till you have the additional 5% down saved 

Additionally, we work with partners that can write your letters for you and walk through the whole claims process and they’re only charging $1 for people affected by the hurricane."

Between forced appreciation on general improvements on the property and the capacity to add an additional residential structure, the sky was the limit on value growth.

Performing a cost segregation study on these types of properties can offer additional tax savings.

My primary motivator is to learn more about the industry and develop some professional connections.If more context is required, I'm happy to share more.Edit: Grammar & additional context.

You'll learn a lot from your first property in addition to getting to know your city much better. 

I understand some of the possible implications of making this move would be a likely higher interest rate and lower NOI on the new investment but would like to get additional feedback on what other things I should take into consideration with this possible move from those out there who might have some experience in this realm.

If you don't have a point person AND a contractor, I would not do value add. It's

Anyways, even if a gap lender comes in, if it’s even an allowable second position (A lot of lenders won’t do that and Silent 2nds are a No-No) they add so much additional risk to the deal, potential legal ramifications and all around  generally dangerous feet’s.