If you can find a condo with an active HOA and one that has a healthy reserve and is run well, condos are amazing investments.  

Rehab costs will run $20-$25k.  

It is a loan and a loan wouldn't be considered income. 5) While I am not assuming you don't know this, one of the most common misconceptions I regularly run into, is the idea that Cash Flow= Income.

It can be a hassle physically running around picking stuff up but most of my trusted subs are armed with my Lowes account cards.

Starting to run into some trouble during my very first rental experience. 

We were thinking of selling our current property and maybe getting 40-50k from that and adding it to our saved funds as this property is probably not the best to have in the long run. 

In Virginia, the deed of trust usually contains the advertisement procedure; if no procedure is prescribed the advertisement must run for once a week for four (4) weeks.

I am getting ready to return to Jax to run my job sites if you need any advice feel free to P.M me.

I know of HELOC, delayed financing, and FHA (203)k loans but I'm not sure these will maximize my investing potential in the long run and I don't plan on living at the property.  

The entire process can run from $5k-$100k in severe situations (I've only witnessed one such repair cost that high).