I am just starting out and want to start analyzing as many properties as possible just so I can get familiar with the numbers in order to confidently jump on an opportunity when one comes up.

I still need to make those repairs but you've given me confidence to go through with my initial plan.

We are extremely confident in the Airbnb model as it has worked for us in our current home for the past year (we own a 2-family home and list the 2nd apartment as a short-term rental).My wife and I both attended a Fortune Builders workshop last year and where inclined to invest in their Jumpstart program simply for the access to the contracts, forms, legal procedures and their back-end-office system.

If hey haven’t called a lender by that day my confidence in them is already near zero.

You can put a bigger downpayment on new props to minimize your loan payments so that if you have vacancy it's not as big of a hit - there are a lot of ways to arrange your debt and equity so that you're putting that capital to work using 'OPM' (other people's money - in the case the bank and the tenants who pay the loan for you) while still having enough of a safety net to feel confident moving forward. 

I was confident I could remodel the property and raise rents to market value.

If you are actively looking for deals and are confident one will come along, and if you have no other way to finance that deal, then yes, I would move forward with the cash out refi.  

I'm already feeling more confident in the platform, the community, and everything in between.

@Lizzie Carver @Kirby Davis @Ryan Murdock @Ray Fisher Wow everyone, thanks for the awesome feedback and tips, I'm definitely feeling more confident about the purchase. 

He was very confident in his numbers.