There is a process relating to refinancing for example, are you aware of delayed refinance?

Sorry for the delay - @Eric Rosiello is on the ball with the management fee.

I'm inclined to start with all cash on my first purchase for two reasons: 1) minimize risk (if rehab takes longer than expected, or getting tenant takes longer than expected, I'm not paying the mortgage) 2) move quicker on a deal, without having to wait for financing The good news is you can still refi your cash purchase and pull all/most of the money out (if the deal is right), so you can then scale quicker if you're ready. 

If you are looking to pay cash, and use delayed financing, here is my suggestion:If you include on your closing statements (which vary state to state - HUD-1/ALTA statement ) the renovation costs - and have them charged at closing......

From a macro purposes, the population is declining and job growth is minimal.

This minimizes the amount of money taken out of your income for taxes.It may be better to create an LLC before you buy a rental property so you can avoid having to notify your mortgage holder that you are transferring your title to the LLC, in which case they may choose to close the loan and issue you a new loan.

I've been doing some research and for asbestos you're required to do testing if you're disturbing more than a certain square footage or linear feet, and it's very minimal. 

Should I sell the town home and use the profit towards the new home I plan to buy (550K max) in order to have a lower monthly mortgage payment while renting the basement to have minimal out of pocket mortgage payment.Use the profits to put half towards the new home(550Kmax) and the rest split towards my current home and the single family home to lower the mortgage on both while renting?

At that point, you should think about putting it into a syndication since you are restricted on how you can leverage it.I work with people to come up with a strategy to withdraw their 401k to minimize taxes.

If you’re just doing a couple transactions a year for yourself, and not chasing clients for real estate, you may be better off finding a broker that will charge you minimal fees.