I would like to rent the other unit to someone who operates an assisted living facility.3 Bedroom2 Bathroom 2 floors Where do I go to find assisted living facility operators, who are looking for a place to lease.

Talk to your CPA to confirm but those expenses you mention are all considered Operating Expenses and can be  written off,....not sure about the PMI though.

Also, in your experience with commercial lenders, how much of a seasoning period do they look for once you get the building turned around, and operating at the higher NOI for before they will allow a cash out refinance?  

Fall & Spring HVAC Service Target Date: April and October This service can aid in early detection of costly problems and save the cost of expensive, emergency service.A/C Service Includes: Check condenser coil, adjust operating pressures, monitor safety controls and starter capabilities, clean or replace filter, adjust blower components, calibrate thermostat, measure for proper temperature differences, clean condensate drain, tighten electrical connections, measure voltage and amperage on motors, lubricate moving parts.

I am located in Orlando, FL but I know they operate in other cities/states.

I guess I am looking for an order of operations so that I’m not putting the cart before the horse.I would appreciate any advice and any book recommendations.

Are you using these numbers to get to your Net Operating Income?

I've worked in PM companies ranging from mom and pop all the way up to operations which manage thousands of units in very wealthy neighborhoods.

I had to revert the its current illegal setup back to a single family home which was a 3 Bed 2 bath and 1,200 square foot with a pool.

You have to have separate trust accounts for security deposits, a trust account to get the rents into and then a regular operating account.