Local real estate agents helped me with comps in determining ARV and a local lender provided the cash out refinance on the property.

In determining the lowest gross rental amount pursuant to this section, any rent discounts, incentives, concessions, or credits offered by the owner of such unit of residential real property and accepted by the tenant shall be excluded.

The letters are usually good for 3-6 months and the pre-qualification $ amount is determined based on your income (typically 2 years tax returns are requested) and current expenses. 

Your own work ethic will determine how long you can feasibly keep your head on straight at your current job.I can offer you small advice for when you do plan to exit (I am currently in this same situation)Make sure your wife is on board! 

Get a well test done, if its determined to be safe i dont see why you would need to go to city and give your proporty another utility bill.

Is there a good resource for determining a good market for your individual purpose?

“It’s about the safety of the other tenants in the buildings,” Carlton said.But Margaretta Lin, executive director of Just Cities, said landlords still have access to credit reports, references and employment information — all the things needed to determine if an applicant will make a good renter.

Is there a rough way of determining the number of apartment units that can fit in a building while accounting for space loss due to walls, hallways and staircases?

You ability to perform each step well is what will determine if you can cash flow.In a situation where you bought cash, the refinance would be paid to you.In a situation where you had a loan, the refinance would pay off the loan with the remainder going to you.Cash flows are pretty to very thin on BRRRR strategy investments.

There is nothing wrong with this because it's hard to determine exactly how you want this journey to go, but start by building a timeline.