I'm in nonprofit management, so you can imagine why I MUST acquire other forms of income to achieve financial independence. 

The renovations moved slower than I thought, I think in large part because it was first attempt and the learning curve is steep but very achievable.

Congratulations on your achievements!

Right now I'm feeling discouraged, wandering what I'm doing wrong, and how do I achieve the greatness and lifestyle that my family deserves. 

I think it's achievable given the right gameplan!

There are definitely areas that you can achieve the 70% rule, especially on foreclosure auctions. 

That's harder to achieve now, but still quite possible in the area.

I don't know your current financial situation but your goals for cash flow, especially in the cities you mentioned, may be difficult to achieve without putting in a lot of cash for purchase.

I think it would be best to consult the finance pros on methods of achieving your financial goals with the property.

If you refinance your house and keep the equity in it to achieve that 20%, the money is trapped in the house.