My motivation to start out buying and renting out properties is growing day by day but I am looking for any guidance and advice on how to move forward with a few properties that I predict with not only grow in value in the near future to sell but to provide consistent cash flow month to month. 

In the last 5 years San Diego apartment rent has increased $540/month.  

My goals consist of purchasing more single family and multi family properties, while building solid relationships with many of you great RE minds along the way. 

The data that I pulled from MLS just a couple days ago shows that the average DOM has increased by about 1 month since I started keeping track of it earlier this year. 

We have good, not great credit, and a decent amount of savings that we're hoping to continue to increase.

With rates going up, my concern would be if they increase more before you rrefinance.

Account ClosedThis is a tough question to answer without knowing all the facts.Where is the foreign investor's home country.You may need to look at the treaty between the US and his country to see if there is any exception.You should also be aware that there may be increased withholding at closing because of dealing with a foreign investor.Furthermore, the income may be considered "effectively connected income" requiring w/h in behalf of the foreign party.

It can be hard estimating rehab costs for a normal home, I'm guessing fire damage increases that difficulty even more.

To make matters worst, HOAs increased by about $100! 

I know the rehab "R" would be more like getting more storage units rented or increasing the rents rather then fixing up the property, even though you could do that too.