County, State and Federal rights supersede the craziness that some random liberal city council & Obama impersonator try to pull. 

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

You can do a cash out refinance an pull the cash out of any of your properties. 

My advice would be, if you truly want to learn the business, lease it up, refinance, pull some money out, and go on to the next one.

Evernest said they had to pull a permit from the city, have the stove inspected to make sure it was safe for the repairman then they could look at it.

If you are willing to do some value-add, pulling off a BRRRR is still very possible, but be patient for the right deal. 

So, you say will I want to take some cash out using the 200k value but most programs will require you to wait some period of time from 3 months up to 12 months for conventional before you can use that 200k value to pull cash out.This seasoning does NOT apply to delayed financing as I mentioned in my post above.  

Pull permits always . 

That's not exactly an up and coming area -- I'd research who built them - can likely find that by going to the SG County Recorded Docs site or by seeing who pulled the permits during const -- Wichita has been on a duplex building boom -- look at the tax value -- They probably have that or less in it on the build - I also doubt they were built to be quality long term -- things such as the trim/cabinets etc -- they all look like the cheapest stuff a guy could buy - if the cabinets aren't oak and there is MDF or pine trim and pre-hung doors with engineered wood jams I'd run.  2-3 yrs ago for $180k -205 or so you could buy duplexes in Maize, Kechi, Valley center all day to builders that were selling them off to investors - not worth that in that area.

But I feel like having the bank connections (to automatically pull in those expenses/revenues) is key to streamlining things.