Generally, lenders base their refinance valuations on the property’s in-place income and existing condition, not future projections.

I use Eric Kloth out of Redding and he is stuck with us for this and our future home buying needs. 

It may or may not show on a credit report, depends on the servicing and you should have the loan serviced.Failure to include the debt on a future loan application is mortgage fraud, wanna go to jail?

With no comps in the area for new construction and the highest rehab selling for 205k, building enough at the onset, 4-6 new construction homes, may be the only way to start a neighborhood turn.The city is looking to increase density in the area and add anchor points in near the area to cater to future investment. 

I would suggest giving it up and just hire an agent when you are ready to transact in the future.

Good point, if you have plans to sell in the near future, could be better to wait.

The third property has a nice cash flow.I am wondering if there are steps I can take to reduce the cashflow issues of the 2 properties before obtaining another property, like pay down the mortgages or should I just save the cashflow from the third property to pay for any future expenses?

In the near future, we’ll be visiting The Shoals area in northern Alabama, where we’re considering a potential move this spring.

But also with low debt or free and clear property that they can easily access any time in the future with a cash out refinance.

I may look at out-of-state investing in the future, but I think good deals can be found locally (which I think you acknowledged).