The MEDIAN rent is the middle rent where 50% of the rents are higher and 50% of the rents are lower. 

If you'd ask this question while still employed I'd say apply the $8500 toward knocking down the debt quicker but since that is not the case I would build up your reserves to about 6 months then begin applying those funds to bring down the debt. 

Good question - when Bigger Pockets leads reach out to us via out of state, we first define your specific goal with the BRRRR and talk through specific cities/areas that could lend itself to accomplishing that goal.

The loan officer had forgotten to lock the rate.

They think they can make a few bucks by increasing the payment and selling on a Wrap for a little more than they are buying to the next guy.

The OP could use it as a template and change it to 30 days and reference the correct county law, or no county at all.

Consider incentives and pricing to get people through the doors. 

Please text me with the number on my signature line and can walk you through my configuration.   

You can search this by clicking on the magnifying glass in the upper corner of the screen as it’s asked literally monthly if not weekly. 

The history of New Haven and Hartford lead me to believe that these major cities could make a comeback in the next 10-20 years.