So get on Airbnb, where the biggest pool of potential tenants are, furnish your place well and hire a professional photographer and you should be good.

Our options are buying a new HVAC system, which will run us probably $5-10k based on our research, or we could go with a "rental" HVAC from a local company that includes all repairs, maintenance, filter replacements, etc. for a monthly fee of about $100 over 8 years.I figure we could offset the monthly cost by increasing our asking rent and save our reserves for something else that may come up, but I could also see this limiting our cash flow potential for the next almost decade.Has anyone run into a similar scenario?

“this implies the property has multiple units (tenants in the back) and the tenants have lived there longer than any potential OO situation (inherited the tenants).  

So, potentially in theory if you get ahead by one "payment" you are already doing pretty good.You need to be "ahead" on your income/loss, not "behind."

Mentorship: One great tactic is to show up at neighbourhood real estate events.Take into consideration engaging with investors around the country by joining online groups such as the forums on BiggerPockets. 

The classic Cash-Out Refinance gives you a new loan with attractive rates, but be aware of potential loss of existing lower rates.

Yes, I have been looking at local 2 unit buidings with the potential to turn them into 3 unit buildings.Hi Logan, Thank you for the welcome, Yes, I am interested in exploring any opportunities.

But how do you know what the potential rent will be?

Here are some potential steps and considerations for your next moves:A Home Equity Line of Credit (HELOC) might be used to leverage the paid-off property.

Also if this was Georgia, I would definitely tread lightly especially if you are not licensed as you can be fined 5 or 6 figures for owning loans without a license and throw into it trying to collect potentially uncollectible fees