Just make sure you don't rely strictly on the numbers, because they don't always tell the whole story.

I opted not to buy because they are a little far from me and I was concerned about making timely repairs.

Spent too much money on updates for a rental property.

Make sure you aren't cutting corners.

I'm also looking to connect career-wise as I am making transitions in my life right now & want to restart my Real Estate Journey or some type of involvement. 

Is this even a deal, or are you just intersted because it looks like you can do it with no money down?

I own two duplexes in Beverly and have contemplated turning a unit into an MTR but LTR is just easy money honestly. 

Make sure you work with a lender who understands cash-out refinancing to get the best terms.Feel free to reach out if you have any more questions or need further clarification. 

That way you still make a regular income but don't have to be a landlord.

-As for the unauthorized occupant, it sounds like you need to confront the tenant, make sure they understand that all persons over 18 years of age need to be screened and added to the lease.