I also know folks that have used 0% business credit cards to purchase and flip a property.

Yes, I've reached out to our attorney and my stated plan is best option. 

I'm Diane :) By day I'm an executive assistant to c-suite execs, by night I run my own virtual assistance business, and 24/7 I think about investing in multifamily homes.

If you plan to sell soon, depreciation recapture could reduce upfront benefits.

I'm having a hard time trying to find a bank that I can open a business account with online.

I am planning to cancel this lease due to the late payments etc, my question is since they are on a month-to-month can I just provide the standard 30 day notice or since they have been at the property for many years or is a longer notice period required such as 120 days etc?

We're also seeking to buy a local (Raleigh / Durham) property management company to expand that business more rapidly.

Congrats on getting started with the STR business. 

Have a solid rehab plan and execution strategy.Expect the Unexpected – Always have a contingency fund (10-15% of your budget) for those surprise repairs.Flipping can be a game-changer if done right.

The bank will put a hold on them, so you can't just draw them out, so don't plan to need them for a while.This will cost you an appraisal on both properties to be performed by that lender.