Seller agreed to knock down an additional $10g off the asking price Lessons learned?

I am exploring two options as a new investor.

We ran over schedule, went over budget , I paid additional carrying costs every month, and learned about significant issues later than I should have.

I agree with you that it would be best to have both the company on the lease in addition to the tenant, we're just having a difficult time figuring out how to do that because of the language on our lease- It just used the word "tenant", so we're not sure how to clarify one party is financially responsible, while the other party will actually be residing there (tenant)-

I have ran comps and its a 37K difference between a 3bdrm 2ba and a 4brm 2ba which has my brain thinking if i should add an additional bedroom to the property. the renos for both would be roughly 10k.

We have equity in both properties and need help figuring out the best way to leverage that equity into additional properties. 

No discounts there.If it was a ground level addition, I personally wouldn’t blink much.

Additionally, I aim to refine my approach to financial analysis by adopting a structured formula for calculating investment metrics tailored to my investors' needs.

In addition, rental property owners who live outside Maryland must designate a Legal Agent who lives in Maryland to accept legal documents.Now, this does not have to be a property manager, it can be a neighbor, friend, relative, etc.  

It would be best to consult with a mortgage lender or financial advisor to explore your options and determine the best course of action.