If you can throw some of the excess income from the high season months at paying down your balances and lowering your credit usage you will very likely raise your credit score.  3) With a higher credit score and lower balance you could probably consolidate the credit card debt into a lower interest personal loan.  4) You need to analyze your listing and your pricing to make sure that you get more off season bookings. 

However, if you lose a tenant, you lose all income. 

I'm not finding much unrenovated even that is even near 4% cap (net income divided by acquisition price).

When I moved her in to a duplex with a yard at a 'susidized rate' when the new corporate LL doubled her rent, she didn't own a lawnmower or tool box. 

I'm in Texas Thank you  Run background, no felonies, credit not less than 580, no evictions last 5 years, income 3x or so of the rent 

In general 10% of valuation in gross annual income.

Many states do have exemptions if the beneficial owner has not changed - like in your case.Federal - there are no income tax issues here. 

I even created my first LLC to start the fix and flip business, funding it with enough skin in the game, elsewhere hoping to use OPM rather than my own capital to fund these projects as it has been difficult finding a lender who is comfortable with loaning to me solely without an LLC.My goal has always been to match my W2 income and eventually double it and more so I can work as a hobby rather than relying on it to live.

Hi I'm new to this and looking to start my journey towards financial freedom, I'm looking into purchasing a multi family rental unit to start earning passive income.

I looked further out of CA but the lower property taxes, no income tax, and landlord-friendly benefits of Nevada sealed the deal.