After 9 months I Refi the property with Eclipse bank ( smaller bank)(closing cost 3k) ran into a 1 problem the house had gas heaters that count as space heaters in the home appraisel so the underwriter would not approve unless we had HVAC, so I went through with installing the Hvac bc I plan on moving and section 8 this house (6k) the house appraised at 139k, I have no $ in this deal and 30K in equity, 2/18/2020 complete1. make sure you find a loan officer that is knowledgeable, upfront, and credible (they stick to what they say) I didn't like either bank I did business with ( I will try a different bank next time)2. make sure you know the credit score it takes to get a refi usually the better the score the less it will cost you3. make sure the bank that you choose gives you the ARV of the home not what you bought the home for and how much you put into the home4.

Wouldn't work for the smaller ones due to the minimum size requirements.Regarding the analysis, I'd be happy to share the Excel file, but don't see a way to do that here.

My credit is around 800, I have excellent equity in my other properties, and I have a comfortable salary ($100k give or take). 

@Lynne Marquez this would be an excellent question for the mortgage lender you want to use for your personal home.

You just need to be prepared to compete on something other than price and be prepared to provide excellent customer service.Whatever market you look to invest in, I would start with checking the laws around short term rentals in the area.

That's an excellent way to build references, which are important for developing relationships with private lenders/money partners.What you will find in the world of REI is that a credit score only gets you so far. 

The buildings are in an excellent location on a main 4 lane street right behind a large grocery store in a nicer part of town.What are your thoughts/concerns on the finances and price?

@Stephanie Medellin to answer your question, I have excellent credit, this would be solely an investment property, it has great cash flow with long term tenants, and I have more than enough for a down payment.

Get on the forums and give excellent advice. 

BP used to have a whole bunch of excel and word files that members had created and that you could download for free.