It gives you a chance to discuss options with the tenant such as electronic payments etc that they may not be familiar or initially comfortable with. 6.

I’m thinking of offering an option to buy in the lease maybe after three or five years with no money down and the sale price would be the low end of the Zillow estimate. 

And once construction is done you likely won't find a finance/cash-out option until the business has a couple years of performance under its belt (i.e., business LOC).

So I will refinance the property as soon as I can and repay the 20k back to the CC companies.

House-hacking is one of the best ways to get into real estate, so this could be a viable options.

It's a favorable rate, and given the equity you have in your property, you have a good foundation for securing additional funding without compromising this rate.Considering your property is now an investment, and you're looking into financing options for updates, a VA loan could still be a viable path for you, even in your current situation.

Also, after reading RPI by Brandon Turner, I'm aware of multiple strategies, but since I've never actually invested or bought a property yet, I feel like I'm overwhelemd by all the options, and find it hard to get started. 

They offer an option for you to take progress pictures and track your weight as well. 

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

If you do, keep the balance low and take advantage of the zero interest balance transfer option on credit cards.