If your business is successful through your existing marketing techniques (his experience broadcasting gives him an edge here), why accelerate your efforts to make your website more comprehensive and accessible?

I intentionally looked for 3+ bed SFHs to rent out the rooms and cut down my mortgage payment.

I always hear about how there was blood in the streets, massive vacancies and rent cuts in Vegas during the GR.

Many of these tasks can be hired out, but doing so cuts into potential profits.Even if you want to be a landlord, your current house may not be a good fit.

If you don’t, I’d take time to partner with someone even if your cut is only 5% or 10% I’d do whatever it took as there’s nothing better than literally putting your money where your mouth is. 

Having a partner in the renovation business can help to keep some of your costs down, possibly giving you an edge on the buying side.Areas to target will largely depend on your income goals, your plans for property management, and your tolerance for drama.Regarding the refi part of your plans, @Darrin Carey can also offer some input - especially about target values, timelines, and the various pitfalls.As with most anything else in this business, the strategy is definitely achievable so long as you do your homework beforehand.

Conversely,  if the property was underwritten more aggressively and leaned heavily on appreciation, a sale at peak 2009 rates could cut your target return significantly.  

huh. looks like other photos were cut out from when i shared this posting from my profile deals. 

And, incompetence/cutting corners.

So the company we had when we first bought it was a realty brokerage and not a PM so I told my partner we have to find a PM that knows what they are doing and will cut us a good deal.