All and all this is extremely doable.I hope this helps and have a great day.

I called several lenders and one was 75% LTV, one was extremely slow so I pulled the application, and another was 80% (who I went with).The refinanced property had everything practically new (wiring, plumbing, kitchens, bathrooms, decks, etc.) with few items less than 5 years old (roof, siding, furnaces/AC), but the windows were 10 years old. 

I recently attended my first local RE meet up this last week and it was extremely helpful.

@Carlos Sanchez, just a couple of points based on your post:3 months is an extremely aggressive timeline, especially if you have squatters.  

(By the way I would love to see what other NJ landlords have to say about this, my experience is the courts are extremely unhelpful to landlords without attorneys.

I am still extremely new so I know this will reflect just how much work and research I need to do.

My schedule ranges from fairly flexible to extremely busy.  

One of my goals while we are traveling is to leverage the extreme cost savings that this full time traveling lifestyle affords thereby increasing our savings/investment rate to somewhere close to 70% of after tax income.

The only thing I would recommend off the bat is to be extremely conservative with your rental comps for the rooms.  

I would be extremely careful to not to do business with anybody that could be construed as a "client" of yours as this could end exceptionally bad.