I plan to move forward repainting the entire interior.

You can buy down the rate but it will not make sense if you plan on doing a refinance in the next 3-5 years.

I make good money and I have enough money saved up to buy my first property.

If the numbers you’re hearing were from a property manager and you’re planning to do it yourself you will do much better than what you heard it was doing in the past :)

This means the funds in one account cannot be transferred to cover an overdraw in the other, like the relationship many people have with their personal checking/saving accounts.   

Smart investors increase earnings, reduce expenses, increase savings, and buy wisely.

Both told me that their department doesn't do environmental studies on properties, and suggested to talk to the Planning & Zoning / Developmental Service.

Saving money initially will allow you to purchase more units down the road.

If you don't already qualify, the answer may be you need to save a larger down payment, look for a cheaper property, or wait a few more months to build longer credit history.Good luck and don't forget to save a beefy emergency fund!

When I underwrite my deals, I plan on 5 years without a refi.