I've been doing as much research as I can on locations and strategies, online and talking to real estate agents and friends (one of whom recommended this site which is awesome) I've gone through the BP online education and listened to a few podcasts.

Hi @Varinder Kumar Don't assume the market rent, double check with a realtor if you haven't already.And if you do pull out the equity from your current rental, don't forget to account for the monthly payments as well. 

You want these guys, they work regularly (can maintain an account with their vendor for the best pricing) and do quality work with quality materials.

I am not an accountant or CPA but my understanding is, if it is available for rent then those items are deductible.

Looking forward to connecting to everyone online and in real life....

I'm thinking of just going into the local Home Depot (or going online) and hiring out the work.Anyone have experience doing this? 

Also, I have a great background in online marketing... could I utilize that somehow?

I have a good accountant already.Also looking for alternative financing.I can offer some very good tips on how to fix your own credit if anyone is interested.I am not a credit repair company.

Again, not cash flow to retire on, but think of it as an investment account with pretty hands off management.Also, the fact that homes sold lower and were then rehabbed may actually help you out in 5 years if the finish level in the area was brought to a higher standard.

I am going to assume you don't declare that income to the IRS on your tax return and pay the proper amount of taxes on it.If it is not on your last two years of tax returns,you will get no credit for it from the traditional banks and lenders which means you ability to borrow money will be based solely on what little you do declare and have taxed properly.Your savings and checking account s and stock holdings are irrelevant,only your verifiable monthly and yearly income.Your only choice would be a hard money lender at an enormous interest rate.