You will have difficulty getting the entire house rented prior to May (summer session), but may be able to rent a room or two (though that sometimes makes it more difficult to rent the house, unless you can move those couple of tenants to another location).   

I have several biggest mistakes but here are a few: (1) not treating my business like a business from the beginning (2) having a bit of call reluctance as they call it from being afraid to bother people (3) not setting big enough goals (4) got caught up in the details and servicing of the deals that were in escrow and not remembering that the work I put in today is what will fuel my business 90 days out (5) getting pulled in 1,000 directions about technology and marketing, etc...really you need to find one thing and become an expert and then add a second and then a third.

I recently finished @David Greene's "Long-Distance Real Estate Investing" and am looking forward to using technology to build a great network in the Triangle area!

The market is so crazy in the DC area and pretty much everywhere else- Whatever I'd get from selling, the time to find another property to avoid cap gains taxes will be difficult. I

Maybe they stayed with relatives so don't have a recent landlord reference, so we have to go back and forth to get an older reference or have some difficulty getting some of the information.  

Would I have difficulty now because it's his "home" and he's not under a lease?

Technology advancements such as email, phone calls, skype has enabled communication with a remote CPA to be seamless.

Re-appraisal came to $102k1 appraisal came at 110k but the bank is very slow and I am unsure if they will raise it if we even close the deal (SLOW).Throughout the process I was told a few things and was hoping to confirm with the community:Banks have difficulty appraising 4-plexes: most appraisers do not have enough experience with every pocket of a metro AND small multifamily experience.

Amongst the popular ones:Marketing campaign: yellow letters and all (personally, I don't like them but they seem to work)Bandit signs (another wholesaling "trick", but it has worked)Going to your county's tax assessor office and searching by address (sometimes properties are located under individual names with addresses) - you can use skip tracing technology to find out ownersResidential agents and commercial brokersLocal lendersProperty managers

We do so by utilizing all possible forms of technology (Email, Skype, secure document sharing, cloud based accounting and tax software, etc).