Or I guess you can do 1 unit at a time and move the tenants to the rehabbed unit if they are agreeable to your rent increase.In my instance my only choice is to give 30 day notice because my after rehab will be a increase in rents from 450.00 to 650.00.Not many tenants would be happy with that.

But by strategically using leverage, your $55k could get you $220k worth of real estate (at 75% LTV).If your $220k property appreciates at a very reasonable 8% annually, your get to $1M in under 20 years. 

Think rust belt to sun belt (a super cycle), think east/west coast high company costs looking to relocate to Dallas to reduce employee costs and be close to key strategic transportation routes (DFW, interstates) linking coast to coast in a few hours.The long term trend of more renters has a lot of legs left (millennials, boomers), cost of a house is going up as well as higher rates so that will continue to keep people renting as well.  

I will be taking the program online and there are so many choices!

Tenants will still most likely move in the summer by choice but leave in the winter when they need to with a term or on M2M.

While I won't be paying down my debt early, I will soon find myself confronted with the choice of either to refinance/releverage/trade up, or to continue paying down my debt.The answer to whether you should pay off your debt or not comes down to two personal questions you have to ask yourself:1) Can I get a better return elsewhere? 

I want to be bolder and make more riskier choices, The buy and hold of single family homes is pretty good, but I can't find no return on my investment until I sell it seems like.Thank you so much!

Considering where Hoboken has gone I assure you @Mark Fedorov   has made a good amount of money even if he bought at a high price (by the way interesting choice in Allentown Mark)2)If you don’t want to have your view of the market be the primary driving factor the only other way I know of is to have something else few can do or are willing to do.

I've decided to buy and rehab my own properties in KC but I think that buying TK with them is a fine choice.

I was thinking of maybe putting two locations in the living room to give the most choice.