but it sounds like your mind is made up on this mentor.. flipping right now is a pretty tough gig for a beginner depending on market. very low inventory then sky high rates for your buyers. so use caution be careful also make sure you have a GREAT RE Broker who knows the values and what you should and shouldn't do in the rehab to maximize your returns. these things are very market specific U simply need to make sure your matching what is expected in the market you choose.. 

Listen to the audiobook “The One Thing” to help prioritize your time and maximize your outcomes.The cash flow may get wiped out but the tenants are still paying off the mortgages and rents will still continue to rise, so it’s not all bad!

You should consult with a mortgage broker or lender now so you know how to maximize the LTV on the refinance.

What strategies can I implement to maximize rental income from my first property, which I intended to convert into two units ( Unit 1:Main house, Unit 2: Basement sun room) but cannot due to zoning restrictions? 

You can maximize your cash this way with the lowest rate possible on the debt and be able to reinvest all the while still generating cash flow. 

These studies can be pretty complex, and a third-party expert will ensure it’s done correctly and that you maximize your depreciation.

@Teahjsia FrazierTo build a portfolio and replace monthly income, consider strategies like leveraging your current home with a Home Equity Line of Credit (HELOC), using FHA loans for low down payment, renting out your current home, using creative financing options like seller financing, private money lenders, or partnerships, building cash flow with smaller deals first, using the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat), minimizing expenses and maximizing savings, and continuously educating yourself through books, podcasts, and networking groups.

That low rate will help maximize cash flow and long-term returns on your investment.

The low entry costs allow investors to maximize their budget, while the expanding job market boosts demand for housing, creating opportunities for quick sales or rentals.

As real estate investors, we’re always focused on maximizing our returns.