If you click the photo it should open full size in another tab.)This is imprecise so you can take this and fine tune it to make it better, but you get the idea. 

For a single family home the size and scope you're describing, I wouldn't involve an architect unless you're looking for end-to-end project management.   

You might even find a mentor who can guide you along the way.Begin with a Bite-Sized Project: You don’t need to jump into a big project right off the bat.

As you pay down the principal the portion of your payment attributable to interest will decrease. 

Perfect example Oregon ( Hillsboro tech Hud) got a massive amount of Chips Federal Grants as Chips are seen as a National need ( dont want to rely on Taiwan)  Intel is largest employer in state . the city of Hillsboro identified 1700 acres to bring in to ensure future high Tech growth ( got to have the land)  the no growthers and farmers and newspapers scream we cant have sprawl U cant do this.. we have plenty of land already in the Urban Growth areas.. while thats true very few parcels are over 40 acres in size.

Determine which units need work done to get them up to market rent, which tenants may be a future problem, and which units you can simply increase rents without major upgrades.Depending on where you are located, the size of the unit, etc. you may be able to get up to $1,800/month in Bridgeport for a 2-bedroom.

My sample size and knowledge is limited, so I hope some local Jackson investors jump in with their advice.

Any tenants SEC 8 , and if so do you know if they are actually still on the program and current on their portion ? 

It's a small sample size so far but may serve as insight for near future demand trend.

After having gone throught the process, I'm curious if you have any feedback, tips or suggestions on the turn over portion.