I would suggest running your numbers again and make sure to account for capital expenditures because even on newly renovated homes something is bound to go wrong.

I would suggest somehow relating your passions with the current conversation subject, and you have a good chance of making a connection.

Does anyone have any suggestions or encountered this problem?

My suggestion is to find a mentor to partner up with.

He relayed the recommendation he had received from another investor he works with and suggested i talk with that other local investor about his experience.1-4 unit properties provide many different options for refinancing but be prepared for your appraisal to not always hit exactly what you expect.

Any info is appreciated. any suggestion on a reliable source that I can get good info would be appreciated as well.

Any suggestions on creative ways to make this property work?

If youre counting on 3 to 5k repairs and are at the top of your budget....id suggest to walk away.

Now with 2 rental properties, I'm thinking that I should get my taxes done by an accountant.Any suggestions on doing it yourself vs going to an accountant?

Or I would suggest calling your local Keller Williams office and they will be able to provide you with a realtor that can fit your needs.