You have a few options for cash-out refinance and from the information you provided it should work.

Let me know if I can provide you with a great referral!

Hi Vishal- It is quite difficult to source lenders who will provide a loan amount under $100k.

They have a special meeting just for landlording that meets once a month and is run by a local Property manager that operates over 400 doors.

I would connect with a local realtor . the mls would provide all of this information 

But doing $700/month provides a 30-35% annual return on investment (down payment) even with some minor repairs.  

Areas with lower sales volume and inventory are often highly desirable but provide few potential opportunities for flips and have a ton of competition.

I kind of assumed that lenders evaluate the property based off income and that the previous tax returns for the property would be worthwhile to provide them?

Here’s my FavoriteThat Don Konipol, @Chris Seveney, and @Jay Hinrichs don’t know what they’re talking about but the paid actor with no experience hired as the front man guru by the real estate “education” marketer operating out of Las Vegas charging $40,000 for the “platinum” level mentorship is providing not only correct information but all the education anyone needs to successfully quit their job and earn financial freedom by brokering mortgage notes. 

We also use AppFolio and we also have it integrated with a lot of other software that has allowed us to provide even better service.