It depends how much income you are getting in a year to determine the max loan you can get from a lender.

A room without a closet can come off weird to a prospective tenant and home buyer.

I am a dedicated newbie so need all the help i can get with this one.

This negative position can consume years of cash flow to recover.

There is nothing on the radar that can change the in the near future.

Quote from @Raymond Whitley: Not sure if Goosehead is in your area, but a broker like someone at this company can really help you in challenge times for insurance like this current market with so many carriers dropping out completely or raising rates on everyone. 

I have $50,000 left over from my house flip that I can use for my next deal.Any advice from other investors, especially ones local to the area, on how to best leverage my $50,000 in order to achieve my goals would be greatly appreciated! 

You can make SFR work but extremely tough in traditional sense.

You need to understand the market, advertise to buyers, show it in the best light, know what to say and what not to say, be skilled at negotiation, understand contracts, and much more.If you don't know how valuable a good agent can be, it's because you've never used one, or they made it look easy because they are skilled. 

Roberto, I can forward it to you.