If you are interested in learning more about Cap Rate I would suggest the book "What Every Real Estate Investor Needs To Know about Cash Flow and 36 Other Key Financial Measures" by Frank Gallinelli. 

I am also working on my real estate license online before/after work and on my lunch break.The amount of information here is awesome and I love the attitude of the founder and they key people here.

If I were you, I'd ask one of your family members to be a key principal to sign on the refi.

The key to the door of real estate is financing! 

Would love to do some business together.Hey Salvatore, I am always looking for new end buyers and I have tons of turn-key properties to sell.

Sounds like you are really getting to know that particular market and the key people and property issues to help you succeed!

Then I got lucky to marry someone like minded (and I recall the Millionaire Next Door (great book) also found that having a good "defense" or saving money was a key, common theme of the high net worth accumulators of wealth in the US)...Back to the question, I saved some money, but then I did not just bury it in the back yard (where you actually lose money due to inflation, or even put it in a savings account which also loses money relative to inflation), but I read Peter Lynch, Warren Buffett, John Bogle and put what little I saved (and we saved post marriage) into quality stocks and index funds...

Set up key word alerts to find out about geographies and topics that interest you.And listen to the podcasts if you haven't already found them.

The key will be title in your name for at least a year before you try to refi.

This site is key to working through each step in real estate investing.