See what they're charging for weeknights versus weekends, what their cleaning fees are, and how booked up their calendars are for these summer months. 

Cash out refinance is the way to go since rates are lower than Helocs and its over a 30 year versus a shorter LOC.  

If I am going to the more affordable area, I'd try to stay within a block of Kensington Ave versus further in, if that makes sense.I've spoke to some PM's in the area, anything specific you're referring to? 

It's great insight since the tenants are living their normal life there versus a staged home.You may be able to talk with the tenants if they are there when you see the property.

Also, with the property we currently have, I have a much better idea of where the potential or known problems are, versus a new property which you won't know nearly as well. 

Plumber versus bagel shop.  

One I know is days on the market but I would like to know a strategy more in terms of the work needing to be done on the property.What is the typical rehab budget for a full gut versus a fixer-upper that needs some updating such as for the kitchen, bathroom, new carpet, roof, and/or driveway for example?

@Britney Lewin figure out what you want to achieve and where you want to live.You can probably get more bang for your buck in more tertiary areas in Florida versus primary or secondary areas like Orlando, Jacksonville, Daytona, Tampa, St Pete, etc.One area to consider might be the space coast.

By making equity raise small and max leverage they try to pump returns with tax savings because the cash distribution is so poor so tout overall returns ( think of Wal-mart touting overall pay for employees at 30 an hour when most of that is covering some insurance and other benefits type fluff versus what someone would take home on a check).

I've heard that the down payment percentages for investment properties can be higher compared to primary residences.Specifically, I'm looking for insights on:The typical down payment percentages required by conventional lenders for investment properties.Any differences in requirements for single-family homes versus multi-unit properties.Experiences with different lenders and any recommendations for those offering favorable terms for investment properties.Any tips for negotiating better terms or finding lenders with more flexible down payment options.For context, this will be my second property, and I have a good credit score and a stable income.