You have to cut expenses or make more money or both-I would spend one evening a week at a REIA meeting-I will get your spouse on board and make sure she backs you emotionally-I would set up an LLC and finding an attorney-look at starting a solo 401(k) when you quit your business, investigate it now, @Dmitriy Fomichenko sets up solo 401(k)s-many people spend everything they make and don't save anything, start saving-if you have an IRA, look at setting up a self-directed IRA through trustetc.com-I look for problems, such as expired listings, mostly no equity pretty houses, search "Brian Gibbons creative financing"Best of luck to you

If you're going to self manage (which I never recommend - your property manager is what is going to make or break you, but I'm biased!)

Then we will refi this lender out and opt for longer term financingARV is easily-230,000 each-----460,000 totalWe will hold onto this properties, since I believe the area will appreciate greatly in the coming years, with self management.

Would you go without flood insurance, and risk self-insuring in case of hurricane.

In the meantime, your score will be lower and you will have some financial risk, but self-funding is not a bad way to go about rehabs; I've self funded all of mine because it's essentially free. 

Just be sure you understand your local tenant landlord laws/requirements.If you do self-manage I do not think it is worth it to become a 'Certified Property Manager'.

In 2014 I took $ 50K out on new appraisal of $ 175K and now the property is self-sufficient now means rent cover all the expenses.

Also defense/military contracting and consulting overseas in Afghanistan, post retirement (2 tours).

This year, for the first time, my wife is self-employed.  

But probably defendable in that a shared ventilation system will create an issue for other tenants no matter how 'good' it is.If the only reason is they rented a 'pet free' place then no, absolutely there is no defense and you best let that service/ESA in.