Regarding your third question, our market is moving so quickly, the part time agents (without team support) struggle big time to get in to houses and to service their clients effectively.

From there you can further develop your investment thesis and business plan to see which submarkets within a major metro but suit your goals.

I am interested in getting a home and building a suite to use for renters, but I am unfamiliar with getting financial assistance for rehabbing.

At my day job we consult with c-suit executives of retail, restaurant and location based entertainment clients using proprietary data licenses to help them determine the best location for opening new stores, analyzing can cannibalization of existing stores, competitive analysis and more.

What can more dramatically effect your investment is which street and neighborhood within those metros you are on.  

Remember you have to take different actions to have different results, so make sure you understand the market needs and catch up with trends.2) Cold Calling always works.This old but effective technique always works.

You can give them a new lease with an effective date the day after expiration and they can choose to sign and stay or to move out at the end of their current lease.If they are on a month-to-month lease, then you can make any changes you want with 30-day notice.

Didn't effect my loan amount, but you very well could get that $325k from a new appraiser, if there are new comps, or now that some work has been done, etc.

All other terms remain in effect.

Does anyone have a line on a solid agent/lender in the area who can help me with locating a great property that will suit my needs since I am so unfamiliar with the area?