However, increasing insurance rates means that this shortage is also increasing so my monthly payment is increasing exponentially to accommodate the increase in both my insurance rate and my shortage (my mortgage has increased over $400 monthly in the past 1.5 years because of these factors).TL;DR - Is it normal for a bank to require a positive escrow balance at all times like my current bank does?

The rents might be slightly below market, but to have the state paying the rent would be worth it and a zero vacancy rate for 5 years will compensate. 

Given your current savings and monthly savings rate, you're in a strong position to start your journey.BRRRR StrategyThe BRRRR method is a powerful way to build your real estate portfolio by leveraging your initial investment to acquire more properties over time.Cleveland vs.

Currently, nothing is penciling out so I don't think you are alone. 

Would any investors in the area be willing to point me in the right direction of high quality property management companies? 

Should i refi my units which will kill my current cashflow and impact my reserves?

If you DM me I can shoot you his direct contact. 

Assuming your DTI is in good shape, the easiest way to put the least down out of pocket is to use a HELOC on your current property as your down payment and conventional loan for the rest of the purchase. 

If you want to refi into a 30-year fully amortized product, you could be low to mid 7s depending on credit with a 2-3 year PPP.

If you find one that goes below 680 the rate will be horrible 8's 9's and at that point its not worth it and ruins cash flow.