I have some experience and quite enjoy adding value to properties (I have done so to my current residence).

@Peter Padalino the other advantage of adding solar is that it is building credit with the utility when the property is vacant.

I know we’ll get approved to pull cash out but my concern is that we’re adding debt to our residence...I know we’re sitting on some solid leverage but am hesitant to continue pulling cash out of our primary residence.

Google him or find him on Facebook.

A good way to find a mentor is by adding value to a seasoned investor that in change can help with guidance.

I have a auto body shop that is located in a D class residential area, it was own by my grandfather, he is getting up in age and he is passing it to me. he hasn't done body work in years, he just have been renting the place out to some guys he know for like $220 a month. the utility are still in his name also. my whole idea is to come in, change things around, do the proper things, have a actually lease agreement written out for the tenants, with the new rate increase and rules, there wont be anymore of the late rent payments, there will be a late penalty, the utility will be in the tenants names,I plan to put a security system on the property, I'm new to all of this , its my first property I'm open to advice, suggestions, ideas on what I should do.

I go to networking events multiple times per month and 8 times out of 10 I never hear from the people I hand my card to... 1 out of those 2 times I do hear back, is in the form of an email campaign I get added onto!

New lenders and programs are added weekly. 

In addition, I would recommend posting your screening/income requirements in your ads! 

However, this home is in Berkeley and I am concerned about destroying historical elements and potential added structural engineering costs that could make the house attractive to a buyer in future years, along with the opportunity cost of construction now versus getting rental income from the house in the next few months.