I Appreciate the ideas I think just paying cash and refining into a portfolio loan would just make it a faster process at this point. 

Real Estate Rookie by Ashley Kehr does a good job of painting a very clear picture of that as well as other fundamental ideas, it is very basic but does a good job of overviewing all of REI. 

Those are good ideas.

Also, newbies have limited experience in with financing so the refi may be later than planned.Generally, I think its somewhere between a bad idea and maybe just a "trial by fire" for the newbie to learn about a remodel and don't necessarily expect to do the brr well. 

Would love to bounce ideas.

No idea about cost.

I first turned 1 into 2, that into 4, that into 8, you get the idea.

I know it's a bit of a loaded question, but curious what the best practices and experienced investors say. 

The few vouchers that actually exist very rarely move and while the idea of collecting more rent than the regular market would provide is of course intriguing it just doesn't work that way. 

Unless the building is in very poor condition, I think it's always a good idea to make capital improvements.