I hope that you are able to gather the energy to try and recoup some of your investment through legal means.

VA allows you to do this with no money down (leaving those dollars for marketable improvements if you like, or another investment) at a great rate. 

However, with my 9-5, I don't think that would be an efficient use of my time. 

The larger the units the better, acquiring portfolios are most efficient.

When owners improve rentals they try and push rents up.

Good evening , I am new to investing and my goal is to take control of my own finances and improve my financial health.

We can improve your position by increasing cash flow, more tax shelter, risk is sread out, no bank fees, doesn't show on credit, and you used ALL your equity. 

If you decide to hang your hat on the renovations as the reason for the rent increase- understand that most rent stabilized cities don't recognize normal capital improvements as justifications- and they will also want to open your booksIs the building in Trenton?

Zillow says its worh $290KRural Property MS – I own 30 acres Vacant with improvements (cabin and pavilions).

I think the worst thing that could happen to you would be to hastily buy a cheap property with some no money down scheme just because you're impatient to get started by an arbitrary deadline of January you set for yourself, and then you get stuck with a crappy property that drains your energy and potentially bankrupts you.