I thought I would try here for any recommendations on teams on the ground before I start cold calling 30,40 50 people a day till I find the right team for me. 

Her team will make sure to get you and/or your company top dollar and they are great to work with.

Here's what I know of the numbers: House is 4 bed/3 bath, 3100 sq ft$55k is owed to bring everything current (HOA, mortgage, fees)$8-12k for rehab - general cleaning, landscaping, 1500 sq ft of carpet, interior paint in some rooms$164k - current loan balance, $155k after bringing loan current, PITI is currently $1076 @ 3.5%$1800-1900 current rents in the areaIf the loan were called, I would be able to pay it off. 

Once you set them up and find your team, it really is a nice way to earn a nickel...

.- Purchase price to Rent ratio = 1% minimum- SFR to start off with, would consider multi-family in future based on performance/faith in team.- Minimum 1 purchase 2018.

Reason for my call is I'm researching some multi-family investment properties in zyx area and i'm in the final stages of my analysis and building out my team.

Allows you to go after another investment much sooner and grow faster. let your future tenants pay down/off your residence balance.

@ George  Blower I understand that part...so basically I should have 6 months reserve expens and rest of all the balance I could use as down payments...would that be wise to do it or are there any other better ways I should purchase the property.

A qualified deal team working in concert to help extract this information is the best way to extract all you need to get the best answer.

The amount of the cash out -- the amount over and above the loan balance you refinanced -- may be deductible depending on how you used the cash out proceeds.If you used the proceeds of the investment property refinance to improve the property then all of the refinance mortgage interest is deductible for that investment property.