Hey @Marty Howie - I have a BRRRR calculator that I built out to run deals on, but I am not sure that's what you're looking for.

Thank you for your advice, Jason.I agree, A cash-out refinance is indeed a viable solution to my problem.My main concern, however, is the tight timeframe I'm dealing with rather than the availability of funds per see.With an additional three months, I could potentially refinance my other properties to raise the necessary capital.

Having a local handyman or someone you know to look over the property is helpful, but I think you can do without property management if you are dealing with long-term rentals.

NO, do one or two, then worry about a CPA, You are months and months away from even doing a deal, Get one 1st, everything else is easy 

What made you interested in investing in this type of deal?

Now I have to have a sitdown with this potential and try to iron it out in order to seal this deal!

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

What I will not do is pay a bad tenant to leave so that another landlord gets stuck with having to deal with a bad tenant that I have rewarded for their poor behavior.  

That doesn't mean there aren't good deals out there, but nowhere near as many as there used to be.

From there, know your ARV and guage what you want to offer to make the deal make sense for you.