Regarding a refinance on a sub2, are there any special conditions or is it straight forward like a normal refinance?

If so, that is pretty straight forward. 

You are already ahead of the curve because most rely on number of doors and cash flow as their primary purchasing criteria which leads them straight to the C/D neighborhoods. 

And yes you could invest the money for a deal ... but lets be STRAIGHT . with 2k you get the basic education / foot in the door.

.- These generally aren't a hold hands and sit in a circle and talk about your feelings environments (at least from my exposure) but generally they are frank, straight forward, and interested in passing along what they've accumulated in knowlege over the years to the next generation, and oftentimes family isn't too interested

Straight trash.

Cause 9/10 are the shadiest, lie with a straight face, ***** in the world. 

A unit renting for $700 probably can't go straight up to $1,200 overnight with no updates unless your property looks like the other ones in the area renting for $1,200 and offers similar finishes/ amenities. 

If I'm sipping straight, I enjoy High West and Whistle Pig Rye.

As soon as I finally got on bigger pockets I went straight to the forums to ask questions.