There are many opportunities and city hall is very much interested in seeing these areas improve.

This will dramatically improve your cash flow and equity growth as compared to just buying one more house.

That will do a lot more to improve the building's efficiency.How bad are the windows really?

Your improvements are not a deduction this year.  

Have to wait for the weather to improve.  

He told me about the improvement in the city from 20 years ago until know.

Plan on being maybe 75% levered, and that'll tell you how much money you need to put down.As you get deeper in the process you'll learn more about value add strategies and ways we can increase the cash flow on our properties to improve our returns.

I started at 10% but now I pay 5% and in the process of doing internally (due to economies of scale) but as you grow or acquire new properties, try to always improve your terms.

Are there any entrepreneur/real estate friendly refinance lenders out there or am I stuck being a flipper until our credit improves and we have been in business longer? 

We've held out hoping for long term appreciation but are looking to be more aggressive with improving cash flow.