Furthermore, if you are working on refinancing sixth and investment properties at once, I would put all my focus and energy on working with one lender or one broker who can get you the best terms for cheaper cost all your business to one place typically when I see folks do they save a bit on processing these and origination fees.

You can save and have a foundation to do your first fix and flip

At this point, I want to save anyone else from experiencing the loss of money and loss of confidence in their ability to judge and trust 3rd parties.

If you can save money and renovate and the ARV allows you to pull your intial capital out sooner, I say go for it!

Any business could do this with their services and the savings would certainly justify the additional effort.But if you take advantage of the new law, wouldn't the renter do the same?

I'd like to keep savings and be able to hire out some of the work (something we have not done in the past).My thoughts are to put both into an LLC and look for investors or a business loan, and purchase and move to a new home.

I have some money in my savings account but not a lot.

A lot of issues are much easier and more inexpensive to resolve if you can easily go to the property.

I'd then look at the interest savings vs. the cost of the refinance + penalty and see how long it would take you to recoup those costs. 

Implementing water-saving initiatives is a smart way to reduce utility costs.