You would then have two loans, one on your home and one on the refi to access the equity on the investment home.Why not just use the refi cash out from your home loan for future deals? 

Perhaps someone on here that is in the Buffalo area can recommend someone they use.

That went on for at least the first ten years.  

He is older and does not have a mortgage and there is a lot of deferred maintenance on the property.

My CPA was unsure... do you issue 1090-NEC for the difference between 1099-K and 1099-MISC or do you double up the income (i.e. 1099-NEC for gross rents from PM, 1099-K of the net owner distribution on 1099-K, then owner reports double income and puts a line item expense for the 1099-K since 1099-MISC covers gross rents).You need a new accountant lolPM issues 1099-MISC, not NEC for rental income paid to property owners.You would still issue the rental income paid to the owners regardless of the payment method.The Property Owners should add an expense line item on Schedule C stating that income reported twice on Form 1099 to offset any duplicated amount.

  :)   Just kidding of course.Call the IRS business line 800-829-4933, put it on speaker and do something while holding for an hour.

An example is on one permit I had plans for electrical, plans for gas, plans for AC condenser.

Any update on this @James Celidonio

depends on timing, seasoning, rents if it's on a DSCR loan. talk to a lender. 

As far as educational material, there are some good courses on underwriting in Udemy.