A higher credit score increases your chances of obtaining a favorable loan.Investigate several lending choices, such as conventional mortgages, FHA 203(k) loans, and other rehab loans intended for home upgrades.

Of course, some complaints will be justified, others not, but if they readily share complaints about where they currently live, they'll likely find similar issues at your property, and might not be worth the headache.We then have them fill out a standard application.

True, you didn’t have to put up the $20k, but putting up the $20k down payment and utilizing leverage increased your return by $40k, a 200% return on your $20k investment.  

As you noted the appreciation is worse than for SFH or MF, and you’ll get stuck with increasing HOAs that don’t add value.

Short term and Mid Term rentals can be a great way of increasing the potential cash flow of a property.

There must be something to it, but goes against everything I've been taught.I've only recently started buying properties that were a little under my cash ROI standards in order to get out-sized returns from growing neighborhood, rent growth, appreciation, etc. 

When the property is refinanced a year later, after it has been owner occupied for the required amount of time, will the rate then increase to that of an investment property?

As someone else pointed out, the goal of a refinance after renovating a property is to get out your down payment as well as some extra due to the increase in assessed value.

I cleaned it up, the same renter has been there for six years, and it's now worth around $275,000.After that, I started doing real estate sales to increase my earnings.

I recommend you do this annually to adjust for utility increases and other variables.