Keep studying and reading about the industry while you do, but by cutting your teeth there you'll learn real-world skills and knowledge for many different forms of real estate investing.That's essentially what I'm thinking.

Gas forced air, Boiler, Oil burner???

Of course, you'll need a Separate Series Operating Agreement and an Agreement to Terminate Series for each such operating agreement.The master operating agreement for Housing for Humanity, LLC (of which I'm essentially its manager via my management entity) is more than 50 pages, out of necessity.  

In the process though, I also end up wholesaling quite a few properties every month that don't fit my investment criteria.So essentially I am doing three forms of investing in real estate. 1.

We'd be very happy just to break even.We had a bunch of initial expenses - lead testing revealed we had to replace all the windows and the oil furnace died so we are in the process of upgrading it to natural gas.

Without any variables, here's essentially what you're looking at... (1) getting the existing 1st mortgage holder to increase its mortgage to provide you the cash out or (2) finding a lender who's willing to hold a 2nd mortgage on property A or (3) finding a lender who will provide you with $X and secure it with a mortgage on both properties A and B.Completely different option that doesn't involve property A would be to try getting seller financing on property B. 

Or is essentially an interest-free loan?

@Tyrone Green - I used Rockwell, and the test questions for the actual exam were essentially the exact same as the ones on the online coursework.

So we essentially trained up new DC inspectors...

The nice thing about notes is that you can scale much easier than owning the property since there are essentially less "moving parts".