So many landlords set up these types of additional escrow accounts and fund them monthly to try and anticipate those expenses - but these are separate from the lender's escrow for taxes & insurance.All the best!

If the loan were 10 years with Balloon payment as you are suggesting, you are also assuming it’s payment is like if it were 30 years amortizing right?

As the category suggests, I'm new to the bigger pockets platform.

Wow that's a little surprising to hear.I did a bedroom addition myself in my own home and the inspectors really didn't check much of anything at all. 

Have they ever had to call additional capital from investors beyond their initial investment? 

They provide the same benefits of card systems with the additional benefits:That would have been really helpful...2 years ago.

How would you suggest I use this money to generate the maximum amount of monthly cashflow? 

Hi there, I think I can provide some additional help here.

I would greatly appreciate any suggestions or advice on how to refinance this property with a more manageable payment structure.Thank you in advance for your expertise and guidance.

Additionally, any tips for out-of-state investors would be invaluable.Thank you in advance for your help!