There are no real real estate investor groups that meet regularly that I am aware of. 

Work toward getting credit issues related to identity theft removed from your credit report.  

Now debt is in 5's so minimum they want a 6.0 cap if stabilized with top rents and now value left except regular rental increases.

We attend a meetup up in Marysville which has multifamily investors who attend regularly.

The resales are non sense as long as you buy %20 Off market value because you have to sell the similar amount with your neighbors.I can only sell what I'd buy , I have to believe it to sell it so in this case I only believe in Single Family houses in Miami which is average of %8 Cash on Cash Return + Huge appreciationmy investors are Cash investors and their goal is Buy and Hold = Buy -Renovate - Rent  and sell in 2-5 years for appreciation and repeat the process.Me as an agent , I will need to find the deals + Put my team together for Renovation and legal stuff + Rent out and Sell at the end of process and Find another one to buy etc.I don't want to be like a regular agent, I want my buyers to make top money so they can invest more and refer me more.

You don't need credit or cash to do that.If you dont have credit karma, you should sign up, so you can monitor your credit regularly.

I don't know if it would be cheaper to upgrade the unit, get a regular AC unit or just buy two more for the other bed rooms.  

Wondering if this is something they regularly do or maybe don’t do because of a certain reason.

That is why you may have to do two closings and budget for both of them in an attempt to not let the seller that you are making a profit on what you are doing.In this economy Fix and Flip may be the best way to go including the borrowers that are willing to finance your repairs or rehab or to purchase multiple unit houses with a loan that the FHA will provide you with a low down payment but it is only made to an owner-occupant for regularly 12 months and you get to keep that same loan if you even when you choose to move away.Another thing to consider is to buy apartment complexes and take the advantage of positive clash flow and using a cap rate to increase your value on add-on properties and raising the rent. 

There are hedge funds that accept smaller investment minimums but I am a bit skeptical of them.All of this is of course in addition to regular old investments like mutual funds.