"I didn't know any in my town either till I googled it.  

Some people are out of town not good for that job or there are a ton of other reasons5.

@Jesse Dominguez-Castelan you could get in touch with a local bank in that town and explain to them exactly what you just did here and ask them if they have a product that might help you accomplish both the buyout and the renovations.

I have sfh on the east side of town, but I also on the west side.

Even though I know more about this town than just about any other, the numbers don't meet up for me right now.

Loans are not tithed on, since they are debt not increasse.So, if your field yields 10 ephod of wheat, one to God, one to Casear, 6 for eating through the year and 1 for planting the next harvest and 1/2 for buying a donkey and 1/2 for taking the Mrs. to town for falafel & figs. 

That being said, we have owned a fourplex in a small town in Michigan for about 10 years but had no guidance when we purchased, I have found all the information Bigger Pockets offers extremely helpful and I am grateful in advance to any advice on this thread. 

Hello All, i came across this college town property - it is a value add opportunity. 14 Unit Complex - 12 2bed/1bath & 2 1bed/1bath * Separate electric and water meters.

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $17,100,000

Cash invested: $100,000

190 unit apartment complex in Mesquite, TX

In Tampa, some great spots to consider are University area, Seminole Heights, Ybor, West Tampa, East Tampa, Temple Terrace, and Town 'n' Country—all solid for long-term rentals.