They can offer guidance on compliance, permits, and inspections required before you can legally rent out the property.Investing in these initial steps will not only help ensure your property is safe and compliant but also potentially increase its value and appeal in the rental market.

I do plan to slightly increase rents (will still be under market compared to others).

Yeah the Value of the properties have definitely increased.

Improvement to the neighborhood and happy tenant - good cash flow and increased net worth.

If the issue is credit utilization, you can fix this by paying down credit cards or increasing credit availability.

In my opinion you'd be better off holding the cash you have on hand and capturing the increased equity you have in your home through a Cash Out Refinance. 

They are simple ELOCs and don't have as friendly terms or rates.

Hello everyone my name is sigyfredo and I'm 21 years old , so I want to start investing into rental properties and start flipping houses, I do understand that reading books will help me increase my knowledge, but wanted to ask the bigger pockets community what are some other ways y'all did to increase your knowledge?

They probably haven't increased their rents in a decade and the proprerties will probably need some work (e.g. upgrading kitchens, baths, and flooring), but it will be a hell of a lot easier, less risky, and less expensive than a brand new construction build. 

I don’t think they can adjust for 2/1 if it is not currently a 2/1 because now the appraiser is basically increasing the value of a property based off of what it could be, almost a pro forma, rather than how it currently operates today, “as-is”.