@Larry T.

Then follow through with whatever option the tenant chooses.It is especially important to rent it out before winter so if they can’t afford it anymore this is the time to move.

I would like to buy a multi unit family property’s I can afford to buy two single houses in my market but that is not scaling theme that I want.

I would like to buy a multi unit family property’s I can afford to buy two single houses in my market but that is not scaling theme that I want.

I think my first property should be near so i can gain experience as a property manager but I'm struggling with homes that are more affordable in surrounding areas (Pennsylvania, Delaware, I am a Delaware State grad, and prop taxes are almost nothing).Anyway.. there's my introduction (breathes fro the first time) :-)

I would go for a 4 plex if you can afford the down payment. 1-4 is basically same the but just gives you more doors with a similar loan and small down payment. 

Should I try to make some of the improvements (what I can afford) in the mean time or pay off the 2nd mortgage and pull out that equity without having to do another appraisal?

Was told we "passed" the lender's test:  730 Credit scores,  plenty of $ for DP and reserves, years fo experience as RE Broker and PM, plus 2 rental properties and hx of BRRR.  2 weeks later, " the lender feels you do not have enough recent flip experience" and terms are up t 20% DP plus 4, not 2, points. 

SELL the property now.Rent a place, build your credit and get your s**t together.It's a no brainer.

We got the house we wanted in the town we wanted, made some very minor upgrades and benefited from good ol' fashion California appreciation.Also if wanting to reduce your risk and exposure on your first BRRRR you could partner with a friend/family member.Lastly there are some more affordable parts of California or for your perhaps AZ that while long distance may be close enough for at least a few drives to the area to meet face to face with folks and get a feel for the market.