It's the same with WOW factors.

Since it is a rental any increase in value will be insignificant so shouldn't really be a factor.

I did not offer any compensating factors like a cosigner or double the security deposit. 

It puts you in a position of accepting a lesser overall return per project, initially, as you will be paying a lender and a PM (but potentially a greater return when factored as an ROI, esp. when annualized).

As far as getting your license, it CAN be a good idea, but it can also be a complicating factor that makes growing an investment portfolio more of a challenge.

There is a lot of software out there, but if you know what you want and how you want it to integrate with your business, you will be able to narrow down the selections.  

So, what was your determining factor in taking only the $38k out as cash for your re-fi?

I was just wondering if there were any suggestion on bypassing the 2 ear work history factor.

Only thing you can do is factor It into your numbers.

However, this depends on some other factors like the size of the facility (the bigger the more "economies of scale" is able to kick in) vacancy/occupancy, & so forth.