But, you much live in the house yourself for at least a 1 year to use FHA. 

I would use this as an opportunity to terminate the old lease and sign a brand new lease with both tenants and bump with a normal yearly increase.

I have replaced many septic systems in my younger years .

Over the years they signed up over 200 investors, primarily employees of Facebook/Meta (where Sief used to work) and Apple (where Sabrina used to work).

Never have I felt unsafe.The city allocated millions a few years ago to purchase and tear down a dozen or so older motor inns on ocean blvd that had been left to squander and had become havens for the less than desireable.  

Hi Everyone,I am a somewhat new Real Estate Investor in Vermont (Bought my first property two years ago).

Could I do for example a 30 year second mortgage at under 7%? 

We lived in it for a year, remodeled both units and put in place a long-term tenant on one unit and a mid-term tenant on the other.Here's a little more details about this deal:*   Purchase price: $163k*   Financed price: $132k @ 7.625% APR*   After repair (estimated value): $225k*   Gross rents: $2150 ($750 one year lease & $1400 six month lease)*  Annual taxes and insurance: $7000*  Approx credit score: 650 (I used interest free credit card to pay for remodeling this property and maxing it out caused my score drop almost 50 pts!) 

I started investing 4 years ago doing BRRRR, right now I have a portfolio of 6 SFH worth around $1.1M with $600k in debt and around $1.5k monthly cash flow.

For one property, a spread sheet to track income and expenses would suffice to hold all info for your tax professional at the end of the year.