I just called the number connected to the posting. 

(DC, MD, VA)... love mentors...Thanks for your timeRead through @Ned Carey posts.

If they don't know you, there is usually a lot of hesitation towards heavily leveraging the purchase and rehab of a home to someone that they don't know well.This is a good start (posting and being active on BP), but checking in with local REI groups and reaching out locally won't hurt either.

*this post does not create an attorney-client or CPA-client relationship. 

Hi Batool,I saw a post you started a while back about traveling costs.You want to keep travel of your travel costs as they will likely be considered deductible or potentially start-up costsSome travel costs includeFlight, Hotel, Car Rental, Meals, mileage rateBest of luck

Also, note it's from the New York Post so pretty much stopped reading after that. 

Read the blogs, post your questions, and the podcasts as gold.

This is my first post (other two are replies), and I know it'll be lengthy, so thank you if you stick through my story, goals, and questions.I have been doing a ton of reading, listening to podcasts, scouring BP forums, and looking at home prices in my area.

I bought what was supposed to cash flow positive on paper but I'm losing money every month and I don't think it will appreciate enough in 5 to 10 years to make up for my expenses.Read my post in the link below. 

I hope you got an inspection contingency clause put into the P&S agreement as you could still back out if more problems come up in the inspectionNow the cash-out refi could work but that would require you to rent out the property for at least 6 months and pay closing costs again and now that the home is worth more you would have to make sure you will cash flow because everything from the taxes to the mortgage payment will be more per monthWith this being said the profit is there if everything with the comps are correct so I would say if you feel comfortable with it to go with that route.I also now am seeing this is a 3-month-old post so if it is going well then congrats if not then you will get'em next time (hopefully not losing money in the process) but if you didn't do the deal out of fear then I would say hit the books again (aka laptop) and get to studying and learning about all of your fears to see if more knowledge can combat those fearsHope this helps, good luck :)