Seems like this property is not really cash flowing on year 1 or 2 but there is a good potential for appreciation if I buy and hold.

The closing costs would be in the $10,000 to $15,000 range to refinance the entire amount. 

I have several lender, contractor, and out of state agent recommendations. 

I am not sure if an attorney review will help with this, specific, basic level of knowledge.Just like an attorney likely won't call out, from a legal perspective, that you are investing with a sponsor who is 23 yrs old and been a residential loan underwriter for 8 months before trying to piece together a syndication.  

My wife is also part ofa LP/GP (where she is the asset manager) that acquired a value-addapartment complex in Houston, where the renovations are now complete, and theGP is in preparations for the refinance.We are currently working on further expanding ourlocal portfolio and are planning out our next larger acquisitions.

I have $1.5M in the bank, and I’m trying to figure out the best move for my situation to start building out my portfolio and making moves towards financial independence.

I am looking to cash out refi however my current mortgage servicer has high origination costs to do the refi.

Purchase price: $105,000 Cash invested: $10,000 Sale price: $210,000 While in college, I had enough money saved to put 3% down on a property and make some small improvements.

But my question is if this is correct, what should I put the sq ft of the house when I put it out for rental?

I personally use Buildium but I'm always looking out for new features and pricing models from the others.