I'm sure these are very elementary questions, but I'd love to have a quick outline of what it would take to purchase something like this.

I'm primarily aiming at cashflow at this stage. 

Get ahead of the new high school opening ... find the good elementary school, find the School Board and their multi-year plans.  

I have a duplex that I live in half of, which is 2 bed, 1 1/2 bath, one car garage with a fenced in yard and is across the street from an elementary school.

I've also heard of bird dogs "walking" the property for you during due diligence and the rehab stage. 

More than words and descriptions, photos take center stage.

In the refi stage, I'd like to cash-out refinance to get my money out and be able to do it again, possibly before we leave for our next location, but the seasoning period could be fatal with interest. 

As an investor-friendly agent, I work with a number of clients at different stages of their investing journey and different levels of motivation. 

At this stage we are pushing with the 60-day no-fault notice to quit and file for an eviction if he does not move out by then. 

I'll just be honest and ask a pretty elementary question, what steps would need to be taken to run the bays?