I am new to the real estate industry and I'm trying to get started on the right foot

Or the redeveloped homes that tax payers footed the bill for after Sandy, Harvey, & Irma? 

Then I would like to refinance the house, take out my capital, and invest it into a 4+ bedroom, 2500+ square foot house that I can live in and call HOME.

A prospective tenant in New Jersey recently asked me if she is allowed to rent a one bedroom for her and her 8 year old child.

Then I would like to refinance the house, take out my capital, and invest it into a 4+ bedroom, 2500+ square foot house that I can live in and call HOME.

BUTNetwork Realty, owned by Robbie Childs, is an outstanding management company.

On the worst case scenario you'll need to do exterior water proofing which will run you $100-$125 per foot.

Could be $50 linear foot and up to $200

Namely that you can't transfer title on a property to your name (or anyone else, such as gifting it to a child) without the IRS treating it as a sale.

If so $5k per unit to do a new furnace and AC and if not about $8-$12k depending on the size and locationDig down basement - $30k if you don't need to underpin the footings, $50k if you doLaundry - depends on the location of the current stack.