Ryan, welcome to Bigger Pockets and good luck on your journey.

Julie gave you a great example of how she was able to add value to a property in order to create equity with the end result being a nice property with little to no money out of pocket after the refi. 

My name is Jeff, I just joined bigge pockets  I have been investing in SFH for about 12 years. 

I went to the Oakland Summit last weekend and all speakers mentioned about bigger pockets, I hope to learn and make the connection to same minded people.

@Henry HallmanWelcome to Bigger Pockets.

I'm sure there are forum posts about this topic on Bigger Pockets and probably a podcast about it.

@John McAuleyWelcome to bigger pockets.

But I get what you're saying that the NPN game is a full time job and requires a heavy capital and time investment.

Solid reserves, meaning if that 25 hours/week becomes 15 hours/week for a few months you'd still be able to make the payment (believe it or not, this sometimes means that 5% down is stronger than 10% down because it means I can point to that 5% you are keeping in your pocket and say "reserves!"). 

@Robert AurieWelcome to Bigger Pockets.