You can also consult with lenders, brokers and ask them for suggestions on who might be a good real estate mentor and most will be able to provide one.

There is no issue with title in a matter like this as good title would be insurable.

The goood news Lynn, is that this is a good problem to have.

Cost Per Year to Live: -$23,292             Amortization: +5,648.46    (aka loan paydown)        Appreciation (4%): +$27,200                             ROI= $9,556/$75k= ( 12.7%)ROI is pretty good by itself, but you can add in one more figure.

Are there any banks doing refinances with some good rates at the moment?

Pensacola is one of the cities where you can still find good investments around that price, and it's an area that is growing a lot.Feel free to reach out if you have questions about the market here in Florida. 

Good to see another investor from SJ!

In this deal, assuming I did it right, would you say that taking out a business loan to pay for the down payment on this particular house would be a good idea?

Good luck

The equity portfolio is good, I wouldn't use 100% of this for that.